Snohomish County Real Estate BlogRecently posted or modified blog postshttps://www.houseswa.com/blog/Copyright HousesWA.com2024-02-23T17:39:37-07:00tag:houseswa.com,2012-09-20:10927Is Buying a Home Still Worth It with These Interest Rates?<img src="https://assets.site-static.com/userfiles/696/image/Is_It_Still_Worth_Buying_a_Home_with_Higher_Interest_Rates.jpg" width="450" height="350" alt="Interest Rates" title="Interest Rates" style="float: right; margin: 11px;" />With higher interest rates than we were enjoying a few years ago, some potential buyers remain on the fence. Is it really worth buying a home if you can't get the interest rate you want? If you can still afford to buy with the increase in rates, there are still plenty of reasons you can benefit from becoming a homeowner, and we want to help. <a href="https://www.houseswa.com/contact/" target="_blank">Contact us</a> any time to learn more about where to start, <a href="https://www.houseswa.com/first-time-buyers/" target="_blank">how to buy your first home</a>, or the local real estate market. We're here to help.
In the meantime, keep reading to learn more about why it's still worth buying a home with a higher interest rate.
Building Equity Over Time
One of the primary advantages of homeownership is the opportunity to build equity over the years. Equity is the portion of the home that you truly own, calculated as the property's market value minus your outstanding mortgage balance. For example, if your home is worth $500,000 and you owe $420,000, you have $80,000 in equity. Despite a higher interest rate, each mortgage payment contributes to both interest and principal repayment, gradually increasing the homeowner's equity.
Over time, as the mortgage balance decreases and the property appreciates in value, homeowners build substantial equity. This equity serves as a valuable asset that can be tapped into for various purposes, such as financing home improvements, covering education expenses, or even as a source of retirement funding. Whether you sell the home or access the equity otherwise through refinancing or a home equity loan, you have put yourself in a position to have new financial options.
So, even with a higher interest rate, homeownership serves as a long-term investment strategy, fostering financial stability and growth.
Stabilizing Housing Costs
We can all agree that the cost of living is rising at an uncomfortable rate. Homeownership provides a stability and predictability that can offset these effects of inflation.
Renting a home might offer short-term flexibility, but homeownership provides stability and predictability in housing costs. With a fixed-rate mortgage, homeowners can lock in their monthly mortgage payments for the life of the loan, shielding themselves from the volatility of rental markets and potential increases in rent.
Even with a higher interest rate, the fixed nature of mortgage payments allows you to budget more effectively over the long term. This predictability fosters financial security, empowering you to plan for other aspects of your life, such as education, retirement, and other financial goals.
Customization and Personalization
Not all the benefits of homeownership are purely financial. Beyond the financial considerations, homeownership holds significant emotional and psychological value. The sense of security and belonging that comes with owning a home is significant. It fosters a connection to the community, provides stability for families, and offers a tangible representation of achievement and success.
The pride of homeownership often extends beyond financial metrics, influencing overall well-being and quality of life. Even with a higher interest rate, the intangible benefits of having a place to call your own can make the investment worthwhile.
Owning a home also grants you the freedom to customize and personalize your living spaces to suit your preferences and lifestyle. Unlike rental properties where major modifications may be restricted, homeowners have the autonomy to invest in home improvements, landscaping, and renovations that enhance both the functionality and aesthetic appeal of their property.
This ability to tailor the living space to your liking contributes to a sense of pride and satisfaction, creating a true sanctuary that reflects your personality and lifestyle. This intrinsic value often outweighs concerns about a slightly higher interest rate, as the emotional and psychological benefits of a personalized living space become apparent over time. In other words, the increase in quality of life may be worth every penny.
Tax Benefits
At any interest rate, owning a home will be beneficial at tax season. Homeownership comes with several tax advantages that can offset the impact of a higher interest rate. Mortgage interest and property tax payments are typically deductible on income tax returns, providing homeowners with potential tax savings. This can significantly mitigate the financial impact of a higher interest rate, making homeownership a more tax-efficient investment compared to renting.
Additionally, some government programs and incentives aim to make homeownership more accessible and affordable. These may include first-time homebuyer credits, energy-efficient home credits, and various state-specific programs. Exploring these options can help offset the challenges posed by a higher interest rate and enhance the overall financial picture for homeowners.
Ready to learn more? <a href="https://www.houseswa.com/contact/" target="_blank">Contact us</a> any time to get started on your journey toward homeownership. 2024-02-23T17:24:03-07:002024-02-23T17:39:37-07:00Mike Novaktag:houseswa.com,2012-09-20:10841Myths About Investing in a Snohomish County Rental Property<img src="https://assets.site-static.com/userfiles/696/image/invest_snohomish.jpg" width="450" height="350" alt="Snohomish rental" title="Snohomish rental" style="float: right; margin: 11px;" />Before you look for homes for sale in Snohomish County that might be the right investment property for you, make sure you have good information. There are some common myths about rental properties that you should dispel before beginning the search for <a href="https://www.houseswa.com" target="_blank">Snohomish County homes for sale</a>, and we can help.
<a href="https://www.houseswa.com/contact/" target="_blank">Contact us</a> any time to learn more about<a href="https://www.houseswa.com" target="_blank"> investing in Snohomish County real estate</a>, and keep reading for some common myths about buying a rental property.
Myth: Snohomish County is already oversaturated
One prevailing myth is that Snohomish County is already saturated with rental properties, making it difficult for new investors to find profitable opportunities. While it's true that the rental market in Snohomish County is competitive, the demand for rental housing continues to rise due to population growth and the county's proximity to major employment centers like Seattle.
The growth in the market is acutally a great indicator of a smart place to invest. The key lies in thorough market research and identifying underserved niches or neighborhoods with potential for growth. We can help you find a property that suits your criteria and will be appealing to a substantial pool of tenants.
Myth: Property values in Snohomish County are stagnant
Some investors may believe that property values in Snohomish County have plateaued, limiting the potential for appreciation. However, the county has experienced consistent growth in property values over the years, driven by factors such as a strong local economy, job opportunities, and a desirable quality of life. Market fluctuations are normal and not a reason to pause working toward your goals.
Instead, play the long game. Investors should focus on understanding the local real estate market trends, keeping an eye on factors like employment rates, infrastructure development, and community initiatives that contribute to property value appreciation. Over time, experts agree that investing in real estate will continue to be profitable.
Myth: Maintenance costs are way too high in Snohomish County
Another misconception is that maintaining rental properties in Snohomish County is prohibitively expensive, especially considering the region's climate and potential for wear and tear. While it's true that the Pacific Northwest experiences its share of rain, snow, and other weather-related challenges, proactive property management strategies, such as routine maintenance and inspections, can help mitigate potential issues. Additionally, investing in quality construction and materials upfront can reduce long-term maintenance costs.
Factor in your anticipated maintenance costs when you set your budget and your rental rates, but there is no reason to avoid investing altogether based on this one factor.
Myth: Short term rentals are not viable in Snohomish County
Some investors may believe that short-term rentals are not viable in Snohomish County due to its suburban setting and perceived lack of tourist attractions. However, the county's proximity to Seattle, as well as its natural beauty and recreational opportunities, make it an appealing destination for short-term renters.
While local regulations may impact the feasibility of short-term rentals, exploring this option with a clear understanding of zoning laws and community dynamics can unveil profitable opportunities. Even if Snohomish County is not a major vacation destination, there is a strong market for short term rentals from those visiting family, looking for a short term home between real estate deals, or experiencing a variety of unique situations.
While challenges exist, the rewards of investing in Snohomish County are substantial for those who approach the venture with a realistic mindset and strategic planning. We can help you find a rental property that sets you up for success. Ready to learn more about<a href="https://www.houseswa.com" target="_blank"> investing in Snohomish County real estate</a>? <a href="https://www.houseswa.com/contact/" target="_blank">Contact us</a> any time. 2024-02-16T08:55:00-07:002024-02-19T16:08:19-07:00Mike Novaktag:houseswa.com,2012-09-20:10785Should I Renovate Before Selling in Snohomish County?<img src="https://assets.site-static.com/userfiles/696/image/home_improvement.jpg" width="450" height="350" alt="Home improvement" title="Home improvement" style="float: right; margin: 11px;" />Before you list your home in Snohomish County, you have to decide if there are any home improvement projects that need to be done. While some scenarios will be successful without taking on any major projects, there are some times where some investment upfront will seriously pay off.
We can help you navigate this process to work toward a successful experience <a href="https://www.houseswa.com/selling-a-home/" target="_blank">selling your home in Snohomish County</a>. <a href="https://www.houseswa.com/contact/" target="_blank">Contact us</a> any time to get started, and keep reading to learn more.
Evaluate Current Market Conditions
Before embarking on any home improvement projects, it's crucial to assess the current real estate market in Snohomish County. A seller's market, where demand exceeds supply, may necessitate fewer improvements, while a buyer's market might require more effort to make your property stand out. There is also more nuance than this, and we can help you navigate it.
The type of home you have, its location, your ideal buyer, and the price you are hoping to get for it are all factors we can take into account as we help you decide where to invest in the preparation process.
Know Your Target Audience
Consider the preferences of the typical homebuyer in Snohomish County. Are they looking for move-in-ready homes, or are they interested in properties with renovation potential? Understanding your target audience can guide your decision on which home improvement projects to prioritize. Tailor your upgrades to appeal to the needs and tastes of the local buyer demographic.
We know you may not have the answers to all of these questions, but we can help you find them. With local expertise in many different markets throughout Snohomish County, we have everything you need to develop an informed plan for home improvements.
Have Your Home Inspected
Before deciding on any improvements, consider hiring a professional home inspector. A thorough inspection can uncover potential issues that might affect your home's value. Addressing these concerns upfront not only enhances the appeal of your property but also helps you avoid surprises during negotiations with potential buyers.
You can also advertise a recent inspection on your listing, showing buyers that you are ready to present a home in excellent condition.
Top Upgrades to Consider
If you are planning to focus on just one or a few home improvements consider these upgrades that are some of the most commonly listed song buyers' wish lists.
Kitchen and Bathroom Updates
Kitchens and bathrooms are often focal points for buyers. They can be costly and time consuming to update, but are often a top priority. Consider making even minor updates such as modernizing fixtures, updating cabinetry, or installing new countertops. While a full-scale remodel might not be necessary, strategic improvements can make these spaces more appealing and potentially increase your home's value.
Energy Efficiency
Snohomish County residents are often environmentally conscious, and energy-efficient features can be attractive selling points. Consider upgrading to energy-efficient appliances, installing a programmable thermostat, or enhancing insulation. Not only do these upgrades appeal to eco-conscious buyers, but they can also lead to long-term cost savings for the new homeowners.
New Flooring
Depending on the flooring that is currently in the home, updating it may be worthwhile. Many buyers are looking for neutral hard wood, LVP, or engineered wood floors that are low maintenance, durable, and fit nearly any design aesthetic. They also tend to not hold onto odors or stains the way that carpet might. Tile is also a popular choice for many buyers if it is neutral and timeless. If your home has carpet or other flooring that has seen better days, consider updating it before listing.
Ready to learn more about <a href="https://www.houseswa.com/selling-a-home/" target="_blank">selling your home in Snohomish County</a>? <a href="https://www.houseswa.com/contact/" target="_blank">Contact us</a> any time.2024-02-09T14:19:00-07:002024-02-12T22:34:47-07:00Mike Novaktag:houseswa.com,2012-09-20:10702What You Need to Know About Buying a Starter Home in Snohomish County<img src="https://assets.site-static.com/userfiles/696/image/Buying_Your_Starter_Home_in_Snohomish_County.jpg" width="450" height="350" alt="Starter home" title="Starter home" style="float: right; margin: 11px;" />Before you buy your first home in Snohomish County, make sure you understand the best strategies, tips, and tricks for finding your starter home. Most people looking for homes for sale in Snohomish County as first time buyers are not going to buy their dream home or forever home, so they will need a way to prioritize their wish list to meet their budget. We have some tips to help.
To learn more about <a href="https://www.houseswa.com/first-time-buyers/" target="_blank">buying your first home in Snohomish County</a>, <a href="https://www.houseswa.com/contact/" target="_blank">contact us</a> any time, and keep reading for more information about choosing your starter home.
Understand the Purpose of a Starter Home
Some buyers are frustrated by the process of buying a condo or house that isn't everything they ultimately want in a home. It might feel like an extra step in the journey toward buying your forever home. Howerve, buying a starter home is a smart strategy for many reasons.
The earlier you can get into homeownership, the more quickly you can begin to allow equity to build and passive growth of the investment to support your future goals. Even in a conservative estimate, owning a home for 5 to 10 years is going to set you up to buy your forever home with far less effort than saving your money during those same 5 to 10 years.
During the time you own your starter home, you can renovate it to boost the resale value, leverage equity toward other financial goals through refinancing, or simply allow the value of the home to grow passively. Finding a home that will meet your needs and fit your budget now, even if it's not everything you are dreaming of, can allow you to work smarter, not harder, in your journey toward that forever home.
So how do you choose the right starter home for you? Here are some things to keep in mind.
Prioritize Your Wishlist
We recommend listing the features you'd like to have in your home, working together with your partner if you are house hunting together. After you look at the list of things you want your home to have, figure out what is essential in the home and then prioritize the rest based on which you want most.
Even when buying your forever home, it's rare to find a property that has everything on the list. This is probably even more true when buying a starter home, so begin by figuring out what your must-haves are to guide your search. To figure out your non-negotiable features, ask yourself:
How many bedrooms and bathrooms do I need?
What locations will work for my commute to work?
Is there a certain school I need to be near?
Does the home need to accommodate somethings specific about my lifestyle, like featuring a home office or a yard that is large enough for my dog?
Next, look at the things you would like the home to have, like a finished basement, an updated kitchen, or a large garage, and list them in order of importance. Whether it's proximity to work, quality of schools, or access to recreational amenities, understanding your priorities will guide your search and help you focus on properties that align with your lifestyle.
Consider the Future
While you don't plan to stay in this starter home forever, it's a good idea to make sure it will work well for you during the next 5 to 10 years. As much as you are able, consider how your needs might shift during this time to make sure you are in a home that continues to meet those needs. This might include something like planning to add a child to the family or begin working from home.
In addition to the home itself, research how the neighborhood might be changing. Investigate the potential for growth and development in the areas you're considering. Proximity to future developments or community projects can impact property values and the overall living experience. Snohomish County has seen ongoing growth, and understanding future plans can be valuable for long-term investment.
Resale value is another key component of considering the future as you buy your starter home. Because you only plan to live in this home for a period of time and then leverage the asset toward the purchase of a forever home, it makes sense to choose a property that will be easy to sell in a few years. Look for properties in neighborhoods with a history of appreciating property values and factors that contribute to long-term marketability. This forward-thinking approach ensures that your investment can grow over time.
Work with a Local Expert
A local realtor can provide valuable insights, guide you through the homebuying process, and help you make well-informed decisions base. We have the local expertise you need, and have helped many <a href="https://www.houseswa.com/first-time-buyers/" target="_blank">first time buyers</a> successfully find the home that fits their budget and needs to achieve their goal of homeownership.
Ready to find <a href="https://www.houseswa.com" target="_blank">homes for sale in Snohomish County</a>? <a href="https://www.houseswa.com/contact/" target="_blank">Contact us</a> any time. 2024-02-02T14:31:00-07:002024-02-04T22:23:44-07:00Mike Novaktag:houseswa.com,2012-09-20:10670Pros and Cons of Living in a Master Planned Community in Snohomish County<img src="https://assets.site-static.com/userfiles/696/image/houseswa.jpg" width="450" height="350" alt="Master Planned Communities" title="Master Planned Communities" style="float: right; margin: 11px;" />As you consider buying a home in Snohomish County, the home itself is only part of the equation. The type of community in which it is located is just as significant a factor. We can help you find <a href="https://www.houseswa.com" target="_blank">homes for sale in Snohomish County</a> no matter the type of neighborhood you are looking for, so <a href="https://www.houseswa.com/contact/" target="_blank">contact us</a> any time to begin your search.
In recent years, master-planned communities have gained popularity as a housing option that offers a carefully curated lifestyle. These communities, often characterized by comprehensive planning, amenities, and thoughtful design, aim to create a harmonious living experience for residents. While they come with a host of benefits, there are also drawbacks to consider. Here's what you need to know about choosing a home in a master planned community in Snohomish County.
Benefits of a Master Planned Community
Amenities
One of the primary draws of master-planned communities is the array of amenities they offer. Residents of master planned communities in Snohomish County enjoy access to parks, recreational spaces, fitness centers, pools, and sometimes even golf courses. These amenities make it easier to enjoy the lifestyle you want, without having to leave your own community for recreation, socializing, fitness, and more.
Intentional Design
Many communities are not designed with any intentionality, but simple evolve with development over time. For some people, this is no big deal, but other residents find it inconvenient or frustrating.
Master-planned communities prioritize cohesive design and landscaping. Streetscapes, green spaces, and architectural guidelines contribute to an aesthetically pleasing environment and the overall layout is meant to be functional and practical. This attention to detail enhances the overall quality of life for residents.
Community Engagement
These communities often foster a strong sense of community. Planned events, social gatherings, and shared spaces encourage residents to connect and build relationships. This can lead to a more supportive and interconnected living experience, surrounded by like minded residents who also experience a sense of ownership in the community.
Property Values
Well-designed communities with amenities and a strong sense of community can contribute to increased property values over time. As the community becomes an established part of the city with a great reputation, it will become increasingly desirable and the increase in demand will drive your home's value up. This can be beneficial for homeowners looking at long-term investments.
Drawbacks of a Master Planned Community
Lack of Individuality
The very uniformity that provides predictability residents enjoy can also lead to a lack of individuality. Homes may adhere to similar architectural styles, and restrictions on customization can limit residents' ability to express personal tastes. If a homogenous aesthetic like this is boring or unappealing to you, a master planned community may not be the right fit.
HOA Rules
Many master-planned communities are governed by HOAs that establish rules and guidelines. While this is intended to maintain community standards, it can be perceived as restrictive, with fines for violations and limited freedom in property management.
Higher Cost
While not always the case, moving to a master planned community can be more costly than other comparable neighborhoods in the area. Living in a master-planned community often comes with a higher price tag for multiple reasons. Home prices may be elevated due to the amenities and services offered, and residents may face ongoing fees to cover the maintenance of shared spaces and facilities.
Potential for Overcrowding
The popularity of master-planned communities can lead to increased demand and potential overcrowding. This can impact the availability of amenities, create traffic congestion, and diminish the overall quality of the living experience. Before buying in a community, inquire about future development plans and any limitations put on the growth of the community.
When considering living in a master-planned community, it's essential for potential residents to weigh the benefits against the drawbacks and assess how well the community aligns with their preferences and lifestyle. Take some time to reflect on your preferences, and then let us help guide your exploration of communities in the area.
Ready to <a href="https://www.houseswa.com" target="_blank">find your home in Snohomish County</a>? <a href="https://www.houseswa.com/contact/" target="_blank">Contact us</a> any time. 2024-01-26T09:19:00-07:002024-01-29T16:39:45-07:00Mike Novaktag:houseswa.com,2012-09-20:10629First Time Home Buyer Myths<img src="https://assets.site-static.com/userfiles/696/image/Myths.jpg" width="450" height="350" alt="First time buyer myths" title="First time buyer myths" style="float: right; margin: 11px;" />Before you buy your first home in Snohomish County, make sure you have all the accurate information. There are some common myths about buying a home that we want to clear up for you before you begin the search for <a href="https://www.houseswa.com" target="_blank">homes for sale in Snohomish County</a>.
To learn more about buying your first home, <a href="https://www.houseswa.com/#dynamic-section-collapse-721" target="_blank">contact us</a> any time, and keep reading for some common myths we want to dispel for you.
Myth: You Need Perfect Credit
One prevalent myth is that you need a flawless credit score to qualify for a mortgage. While a higher credit score can certainly improve your chances of securing favorable loan terms, many lenders offer mortgage options for buyers with good or even fair credit. It's essential to explore your credit options and consult with a mortgage professional to understand the requirements based on your specific credit profile.
Myth: You Need a 20% Down Payment
Another great reason to talk with a lender is finding out how much you need to have saved up for a down payment. The notion that a 20% down payment is a strict requirement is a common misconception.
While a 20% down payment can help avoid private mortgage insurance (PMI) and potentially secure better terms, many mortgage programs offer options with lower down payments. Some government-backed loans, like FHA loans, may require as little as 3.5% down. There are also conventional loan options with lower down payment requirements.
Myth: Your First Offer Should Be Below Asking
Some first-time buyers believe that making an offer significantly below the asking price is a standard practice and essential for getting a good deal. However, the appropriate offer depends on various factors, including the local market conditions, the property's value, and recent comparable sales. Making an excessively low offer may hinder negotiations and potentially lead to losing out on a desirable property.
The key for making a strategic offer that gets you a great deal while still standing out to the seller is working with an experienced real estate agent. You need someone like our team, with local expertise and updated information based on begin active in the local markets all the time.
Myth: You Need to Wait for the Perfect Time to Buy
Waiting for the "perfect" time to buy a home, such as waiting for market conditions to be ideal or interest rates to hit rock bottom, is a common myth. The truth is that predicting market fluctuations is challenging, and waiting for the perfect time may cause you to miss out on opportunities. Focus on your personal readiness, financial stability, and long-term goals rather than trying to time the market perfectly. As long as you are financially ready for the investment, you can ride the wave of market shifts and still enjoy long term profitability.
Myth: You Need to Wait Until You Find Your Dream Home
There's a myth that your first home should be your "forever home." In reality, it's common for individuals to start with a starter home and then move to a larger property as their needs change. Your first home is an important step, but it doesn't necessarily have to be the home where you spend the rest of your life.
Many buyers find that the most financially efficient decision is to buy a "for now" home that is cost effective and allow it to begin appreciating. The equity that is built passively over time can then be leveraged toward your forever home when the time is right.
By understanding the realities of the real estate market, mortgage options, and the homebuying journey, first-time buyers can make informed decisions that align with their goals and financial capabilities. We can help you understand the process and move forward with confidence in the complex home buying process. Ready to find<a href="https://www.houseswa.com" target="_blank"> homes for sale in Snohomish County</a>? <a href="https://www.houseswa.com/#dynamic-section-collapse-721" target="_blank">Contact us </a>any time. 2024-01-19T05:31:00-07:002024-01-20T12:43:01-07:00Mike Novaktag:houseswa.com,2012-09-20:10515Reaching Your Homeownership Goals in 2024<img src="https://assets.site-static.com/userfiles/696/image/2024.jpg" width="525" height="350" alt="2024" title="2024" style="float: right; margin: 11px;" />Is buying a home on your list of goals for 2024? While some buyers are concerned about market conditions, many experts are predicting lower interest rates and more buyer opportunity in the New Year.
As you gear up for the New Year, it's the perfect time to lay the groundwork for your home-buying journey. In this guide, we'll explore some key steps and strategies to help you prepare for purchasing a home in Snohomish County. As always, <a href="https://www.houseswa.com/contact/" target="_blank">contact us</a> any time to learn more about <a href="https://www.houseswa.com" target="_blank">buying a home in Snohomish County</a>, whether you are ready now or are just getting prepared.
Define Your Goals for Homeownership
One of the best ways to not reach your goals is to leave them ambiguous, so begin by clarifying your homeownership goals. Identify your priorities, such as the type of property you want, desired neighborhoods, and key features. Determine whether you're looking for a single-family home, a townhouse, or a condo. Understand your preferences for amenities, school districts, and proximity to work or recreational areas. Establishing clear goals will guide your search and decision-making process.
Assess Your Finances
Before diving into the homebuying process, conduct a thorough assessment of your financial situation. Review your credit score, savings, and outstanding debts. A good credit score is essential for securing favorable mortgage terms, so take steps to improve it if necessary. Create a budget that factors in not just the cost of the home but also closing costs, property taxes, insurance, and potential maintenance expenses.
You can even start connecting with local lenders. A loan officer can give you an idea of what you can afford, whether you are ready to qualify for a loan, and what you need to focus on to strengthen your financial position.
Attend Open Houses
Take advantage of open houses and property tours to get a firsthand look at potential homes. This will give you a better understanding of property layouts, features, and conditions.
Pay attention to details like neighborhood ambiance, nearby amenities, and any potential red flags. Visiting multiple properties will help you refine your preferences and priorities.
Secure Mortgage Pre-Approval
Obtaining pre-approval for a mortgage is a crucial step in the homebuying process. It provides a clear understanding of your budget and strengthens your position as a serious buyer. Work with a reputable lender to get pre-approved, taking into account your credit score, income, and debt-to-income ratio.
Pre-approval not only streamlines the buying process but also helps you identify the most suitable mortgage options. Consider getting pre-approved with multiple lenders so you can compare rates and terms and be prepared for the best scenario. This should be done a few months before you plan to buy a home so that you can avoid starting the process over if the pre-approval expires.
Budget for Additional Expenses
In addition to the down payment and mortgage, budget for additional costs associated with homeownership. Closing costs, property taxes, homeowners' insurance, and potential maintenance expenses should be factored into your budget. Understanding the full financial picture will help you make sound financial decisions and avoid unexpected financial strain.
Research Parts of Snohomish County
Snohomish County is diverse, with each neighborhood offering a unique character and lifestyle. Research different areas to find the one that aligns with your preferences and priorities. Consider factors such as school districts, proximity to amenities, and community atmosphere. Attend local events, explore neighborhoods, and talk to residents to get a feel for the areas you're interested in. Whether you land on <a href="https://www.houseswa.com/edmonds/" target="_blank">Edmonds</a>,<a href="https://www.houseswa.com/arlington/" target="_blank"> Arlington</a>, <a href="https://www.houseswa.com/mill-creek/" target="_blank">Mill Creek</a>, or anywhere else, we can help you find your home.
Ready to learn more about <a href="https://www.houseswa.com" target="_blank">homes for sale in Snohomish County</a> or how to prepare to buy a home in 2024? <a href="https://www.houseswa.com/contact/" target="_blank">Contact us</a> any time.2023-12-30T16:02:00-07:002024-01-19T19:51:03-07:00Mike Novaktag:houseswa.com,2012-09-20:10479Smart Home Features for Your Snohomish County Rental Property<img src="https://assets.site-static.com/userfiles/696/image/Smart_Home-2.jpg" width="450" height="350" alt="Smart Home" title="Smart Home" style="float: right; margin: 11px;" />Whether you already own an income property or are looking for homes for sale in Snohomish County that can become a rental property, integrating smart home features into rental properties is a strategic move that not only enhances the tenant experience but also adds value to the property.
We can help you find that ideal property to help you reach your goals, so <a href="https://www.houseswa.com/#dynamic-section-collapse-721" target="_blank">contact us</a> any time to learn more about <a href="https://www.houseswa.com" target="_blank">houses for sale in Snohomish County</a>. To prepare for an efficient property management experience, keep reading as we explore a range of smart home features tailored to elevate your rental property in Snohomish County, providing convenience, energy efficiency, and a contemporary living experience.
Smart Thermostats
Snohomish County experiences diverse weather patterns, and smart thermostats are an ideal addition to rental properties to ensure energy-efficient heating and cooling. Smart thermostats enable tenants to control the temperature remotely, set schedules, and optimize energy consumption, resulting in both cost savings and a comfortable living environment.
This can either be an appealing feature for tenants or provide a way for your to optimize utility costs if you include them with the cost of rent, as you likely will if it is a short term rental property.
Keyless Entry
Embrace convenience and security with keyless entry systems. These systems eliminate the need for physical keys, allowing tenants to enter the property using a unique code or smartphone app. Keyless entry not only enhances security by eliminating the risk of lost keys but also provides a seamless and modern approach to accessing the rental property.
You will be particularly glad you chose this feature when it is time to move one tenant out and a new one in. Keyless entry systems don't require the changing of locks and are easy to use. You can also use these systems when you need to let a repair or maintenance person in without being present.
Smart Security Systems
Prioritize the safety of your rental property and your tenants with smart security systems. These systems typically include cameras, doorbell cameras, and motion sensors that provide real-time monitoring and alerts. Having a robust security system not only enhances tenant safety but also acts as a deterrent, contributing to the overall well-being of the property.
These security systems can be both an appealing feature to tenants that warrant a higher monthly rent, and a practical solution that provides peace of mind. In the rare case that your rental property remains vacant for a time, this will also provide protection and confidence.
Smart Appliances
Upgrade the kitchen and laundry areas with smart appliances that offer convenience and energy efficiency. Smart refrigerators, ovens, dishwashers, and washing machines can be controlled remotely, providing tenants with flexibility and contributing to the overall appeal of the rental property.
Smart Smoke and Carbon Monoxide Detectors
Prioritize tenant safety by installing smart smoke and carbon monoxide detectors. These devices provide real-time alerts to tenants' smartphones in case of emergencies, allowing for swift responses. Additionally, smart detectors offer features like low-battery notifications, ensuring continuous functionality. In addition to being required by law, keeping these systems functioning at all time simply makes sense to protect all individuals and property involved.
Smart Sprinklers
Enhance the curb appeal of your rental property with a smart sprinkler system. These systems can be programmed based on local weather conditions and controlled remotely, ensuring that the landscaping receives optimal irrigation. Smart sprinklers contribute to water conservation and the overall aesthetic appeal of the property, and can save you money if the landscaping expenses are included in the rent.
From energy-efficient climate control to advanced security systems, these features not only enhance the tenant experience but also add value to the property. As technology continues to advance, smart home features will play a crucial role in meeting the evolving needs and expectations of tenants in Snohomish County, creating modern, efficient, and appealing living spaces. Ready to find <a href="https://www.houseswa.com" target="_blank">homes for sale in Snohomish County</a>? <a href="https://www.houseswa.com/#dynamic-section-collapse-721" target="_blank">Contact us</a> any time to get started.2023-12-22T22:00:09-07:002023-12-22T22:36:59-07:00Mike Novaktag:houseswa.com,2012-09-20:10448Prepare for Your Listing Photos with These Tips<img src="https://assets.site-static.com/userfiles/696/image/sale.jpg" width="450" height="350" alt="Listing photos" title="Listing photos" style="float: right; margin: 11px;" />Preparing your home for listing photos is a crucial step in the process of selling your property in Snohomish County. In the digital age, where the first impression of your home nearly always occurs online, captivating listing photos play a pivotal role in attracting potential buyers.
We can help you stragize the right plan to <a href="https://www.houseswa.com/selling-a-home/" target="_blank">sell your home in Snohomish County</a>, so <a href="https://www.houseswa.com/contact/" target="_blank">contact us</a> any time.
For tips to prepare for your listing photos, keep reading for insights into the importance of screen appeal and online listing photos, along with practical tips to get your home ready for its close-up.
Why Listing Photos Matter
Most homebuyers in the Snohomish County market begin their search online, browsing through listings to identify properties that catch their eye. The first impression is often formed through listing photos, making them a critical factor in capturing attention.
With a vast array of homes available for consideration, potential buyers may have a limited attention span. Striking listing photos can make your property stand out and prompt viewers to explore further or share the listing with their partners or close friends for feedback.
Well-curated photos evoke emotions and aspirations. Buyers are not just looking for a property; they are seeking a place where they can envision their future. Compelling listing photos help create a positive emotional connection.
Quality photos also allow you to showcase the unique and desirable features of your home that may be difficult to convey through description alone, whether it's a cozy fireplace, a spacious backyard, or a stylish kitchen.
Real estate marketing nearly always depends on great listing photos, so preparing your home to look its best and showcase its strengths through photos will make a major impact on the success of your home sale experience.
Tips to Prepare for Your Listing Photos
Just like you would put in some extra time and effort to get yourself ready for a photoshoot, your home needs some TLC to look its bests. Look through these tips and compare them to your home to identify areas that could use some attention before the photographer arrives.
Curb Appeal
Ensure that your front yard is well-maintained. Trimmed lawns, manicured gardens, and clean pathways contribute to positive curb appeal, so take some time to handle the yard maintenance or hire a team to tackle the work.
Address any exterior maintenance needs, such as peeling paint, loose shingles, or cracked driveways. The exterior should be in excellent condition for photos that make an impact.
Clutter and Personal Decor
Declutter every room to showcase the space and make it appear larger. Clutter in a photo makes the space feel crowded and dysfunctional, so take the time to clear countertops, minimize furniture, and store personal items that may distract from the overall appeal.
While your personal touches make the home unique to you, neutralizing the space allows potential buyers to envision themselves living there. Consider removing personal photos and distinctive decor that will catch the buyers attention in the wrong way.
Lighting
Good photos require good lighting. While your photographer can address this on their own, it will help if your home has great lighting to begin with. Maximize natural light by opening curtains and blinds and ensure that all light fixtures are working correctly. Consider using additional lighting to brighten darker areas or rooms with limited natural light.
Staging
Staging can help your home showcase its broad appeal and show potential buyers how the home can be designed. Arrange furniture to highlight the flow of each room, even if it is different from how you usually keep things set up. Consider the placement of focal points, such as fireplaces or large windows. Opt for a neutral color palette that enhances the sense of space and appeals to a broad range of potential buyers.
Ready to <a href="https://www.houseswa.com/selling-a-home/" target="_blank">get your home ready to sell in Snohomish County</a>?<a href="https://www.houseswa.com/contact/" target="_blank"> Contact us</a> any time.2023-12-15T16:31:00-07:002023-12-17T23:46:15-07:00Mike Novaktag:houseswa.com,2012-09-20:10415Renovating Your Home in Snohomish County with Sustainability in Mind<img src="https://assets.site-static.com/userfiles/696/image/Energy.jpg" width="450" height="350" alt="Sustainability" title="Sustainability" style="float: right; margin: 11px;" />Snohomish County, like most of the PNW, is a community filled with people who want to take care of the planet. Renovating your home with sustainability in mind not only enhances energy efficiency but also contributes to the overall well-being of the community and ecosystem, and makes your home more appealing to potential buyers in the future.
This guide will provide you with some top ideas for renovating your Snohomish County home with sustainability at the forefront, focusing on home improvements that align with eco-friendly practices and the myriad benefits they bring.
Energy Efficient Windows
We know that replacing your windows is a significant investment, but it is one that really pays off. Upgrading to energy-efficient windows is a smart and sustainable choice for Snohomish County homeowners. The region experiences varied weather conditions, including rain and chilly temperatures.
High-performance windows with low-emissivity coatings help regulate indoor temperatures, reducing the need for excessive heating or cooling. This, in turn, lowers energy consumption and utility bills while minimizing the environmental impact.
In addition to being better for the planet, energy efficient windows will lower your utility costs and make your home a more attractive option when you decide to sell.
Solar Panels
Snohomish County receives a significant amount of sunlight, especially during the summer months. Installing solar panels on your roof allows you to harness this renewable energy source, decreasing your reliance on traditional electricity. In addition to reducing your carbon footprint, solar panels offer long-term financial benefits through energy savings and potential incentives or rebates from local and federal programs.
Talk to your tax professional to see if there might be some tax incentives for installing solar, too. The upfront investment is likely to quickly pay off in energy savings and tax credits.
Insulation and Air Sealing
Enhancing the insulation and air sealing of your home is crucial for maintaining comfortable temperatures year-round. Snohomish County residents often face cold winters, making proper insulation a key component of sustainable renovations. By preventing heat loss and minimizing drafts, you not only conserve energy but also create a more resilient and energy-efficient home.
Consider getting a professional to come out and test for the sealing of your home. They can tell you how well insulated your home is and identify where air may be seeping in or out.
Water Efficiency
Upgrading to water-efficient fixtures, such as low-flow toilets and faucets, helps reduce water consumption without sacrificing functionality. Collecting rainwater for landscape irrigation is another sustainable practice that aligns with the region's commitment to water conservation.
Sustainable renovations extend beyond the interior of your home to include landscaping practices. Utilize native plants that are well-suited to Snohomish County's climate, reducing the need for excessive water and maintenance. Implementing rain gardens or permeable surfaces can help manage stormwater runoff, contributing to the overall health of local water systems.
Smart Home Technology
Embracing smart home technology can enhance both convenience and sustainability. From programmable thermostats that optimize energy usage to smart lighting systems that adjust based on occupancy, these technologies help homeowners make informed decisions about their energy consumption. Integration of these systems contributes to a more energy-efficient and environmentally conscious home.
Why Prioritize Sustainability?
There are many reasons to put in the extra effort or upfront investment to prioritize sustainability.
Cost Savings
One of the most significant benefits of sustainable renovations is the long-term reduction in energy costs. Energy-efficient upgrades, such as insulation, windows, and appliances, contribute to lower utility bills, allowing homeowners in Snohomish County to enjoy increased financial savings over time.
Environmental Stewardship
Snohomish County places a strong emphasis on environmental conservation, and sustainable renovations align with the community's commitment to stewardship. By adopting eco-friendly practices, homeowners contribute to the preservation of natural resources and the overall well-being of the local ecosystem.
Increased Property Value and Resale Appeal
Sustainable renovations often lead to an increase in home value. Prospective buyers in Snohomish County recognize the appeal of energy-efficient features, solar panels, and other sustainable upgrades, making homes with such improvements more attractive on the real estate market. We can give you a <a href="https://www.houseswa.com/free-market-analysis/" target="_blank">free market analysis</a> to help you understand how much your home is worth now, helping you determine if the increased value from renovations will make a big difference.
Improved Comfort
Increased sustainability is great for the planet, your wallet, and your resale plans, but it also creates a more comfortable home. Upgrading insulation, windows, and air sealing not only contributes to energy efficiency but also enhances indoor comfort. You can enjoy a more consistent and comfortable indoor environment throughout the year, regardless of external weather conditions.
Sustainable renovations that focus on using non-toxic materials and improving ventilation also contribute to healthier indoor air quality, which supports overall well-being and respiratory health.
If you want to learn more about preparing your home for sale, we can help. <a href="https://www.houseswa.com/contact/" target="_blank">Contact us </a>any time to learn more about the <a href="https://www.houseswa.com/free-market-analysis/" target="_blank">value of your home</a> or <a href="https://www.houseswa.com/selling-a-home/" target="_blank">selling your home in Snohomish County</a>.2023-12-08T10:03:00-07:002023-12-09T22:09:14-07:00Mike Novaktag:houseswa.com,2012-09-20:10377Best Coffee Shops in Snohomish County<img src="https://assets.site-static.com/userfiles/696/image/coffee.jpg" width="450" height="350" alt="Coffee shops" title="Coffee shops" style="float: right; margin: 11px;" />The PNW is a great place to live if you value a good cup of coffee. With a strong coffee scene for decades, there are plenty of places to enjoy a classic cup of joe, an impressive third wave latte, or something in between.
We can help you make Snohomish County your home. <a href="https://www.houseswa.com/contact/" target="_blank">Contact us</a> any time to learn more about how we can help you find <a href="https://www.houseswa.com" target="_blank">homes for sale in Snohomish County</a>, and keep reading for a list of some of our favorite coffee shops in the area.
Narrative Coffee
<a href="https://narrative.coffee" target="_blank">Narrative Coffee</a>, located in<a href="https://www.houseswa.com/everett/" target="_blank"> Everett</a>, is known for its commitment to quality coffee. They source their beans responsibly and focus on the craft of coffee preparation. The shop has a modern and inviting ambiance, making it a popular spot for coffee enthusiasts.
Red Cup Cafe
Red Cup Cafe in<a href="https://www.houseswa.com/mukilteo/" target="_blank"> Mukilteo</a> is a cozy and locally-owned coffee shop with a laid-back atmosphere. They offer a variety of coffee drinks, teas, and a selection of pastries. The cafe has a community-oriented vibe and is a favorite among locals.
Gravity Coffee Co.
<a href="https://gravitycoffee.com" target="_blank"> Gravity Coffee Co.</a> in <a href="https://www.houseswa.com/mill-creek/" target="_blank">Mill Creek</a> is known for its friendly staff and comfortable environment. They roast their coffee beans in-house, ensuring a fresh and flavorful cup. The menu includes a variety of espresso drinks, drip coffee, and snacks.
Blue Steele Coffee Company
<a href="https://bluesteelecoffeecompany.com" target="_blank">Blue Steele Coffee Company,</a> located in <a href="https://www.houseswa.com/marysville/" target="_blank">Marysville</a>, is a family-owned coffee shop that takes pride in its welcoming atmosphere and quality coffee. They offer a diverse menu, including specialty drinks, smoothies, and breakfast items.
The Loft Coffee Bar
The Loft Coffee Bar in <a href="https://www.houseswa.com/edmonds/" target="_blank">Edmonds</a> is a popular destination with a unique setting. It's situated in a loft space, providing a cozy and artistic environment. In addition to coffee, they offer a variety of snacks and light meals.
Trail's End Taphouse and Restaurant
<a href="https://www.trailsendtaphouse.com" target="_blank">Trail's End Taphouse & Restaurant</a> in <a href="https://www.houseswa.com/snohomish/" target="_blank">Snohomish</a> not only offers a variety of craft beers but also has a coffee bar. It's a great place to enjoy a cup of coffee in a relaxed and friendly setting. The establishment often hosts live music events, adding to the vibrant atmosphere.
Waterfront Coffee Company
With a prime location near the waterfront, Waterfront Coffee Company in<a href="https://www.houseswa.com/edmonds/" target="_blank"> Edmonds </a>provides a scenic setting to enjoy a cup of coffee. The cafe emphasizes community engagement and sustainability. They roast their coffee in-house and offer a selection of pastries and light snacks.
Vivendo Espresso
Vivendo Espresso in <a href="https://www.houseswa.com/arlington/" target="_blank">Arlington</a> is a local coffee shop known for its friendly service and quality beverages. They serve a variety of coffee drinks, teas, and smoothies. The cafe has a comfortable seating area, making it a nice spot to relax.
Seven Coffee Roasters
Seven Coffee Roasters, with a location in <a href="https://www.houseswa.com/lynnwood/" target="_blank">Lynnwood</a>, is a coffee roastery and cafe. They are committed to sustainability and source high-quality beans. The menu includes a range of espresso drinks and brewed coffees.
Chanterelle
Chanterelle is a charming cafe in <a href="https://www.houseswa.com/edmonds/" target="_blank">Edmonds</a> that not only serves great coffee but also has a menu featuring breakfast and lunch items made with locally sourced ingredients. The cafe has a warm and inviting atmosphere, making it a favorite among locals looking for a delightful dining experience.
Ready to plan a<a href="https://www.houseswa.com" target="_blank"> move to Snohomish County</a>? <a href="https://www.houseswa.com/contact/" target="_blank">Contact us</a> any time to learn more about houses for sale in the area. 2023-12-01T16:21:00-07:002023-12-03T23:33:59-07:00Mike Novaktag:houseswa.com,2012-09-20:10343Signs It's Time to Buy a New Home<img src="https://assets.site-static.com/userfiles/696/image/Time_to_move.jpg" width="450" height="350" alt="Is it time to move?" title="Is it time to move?" style="float: right; margin: 11px;" />It is common and understandable that many people are waiting for ideal market conditions to look for a home to buy. While we understand that it may be tough to accept that interest rates were signifcantly lower a few years ago, that doesn't mean now is a bad time to buy.
There are two things to remember: first, real estate is a great long term investment even at these higher interest rates and will still benefit you significantly in the long term, building your net worth, establishing more financial security, and creating opportunities for yourself and future generations.
Second, there is more to deciding when to buy a home than timing the market. Choosing to move might be based on any number of factors. <a href="https://www.houseswa.com/contact/" target="_blank">Contact us</a> any time to learn more about <a href="https://www.houseswa.com" target="_blank">buying a home in Snohomish County</a> and how we can help you find the right property for your needs. And keep reading to learn more about reasons you might be ready to buy a new home.
Changing Family Dynamics
The needs of your family are likely to shift on their own timeline, not according the real estate market.
One of the most common reasons people consider buying a new home is a change in family dynamics. If your family is growing with the addition of children or if your children have moved out, your current home may no longer meet your space requirements. Conversely, if you find yourself with more space than needed, downsizing to a smaller home may be a practical choice.
Another common scenario our buyers find themselves in is preparing to welcome in an elderly parent. You may find that your home is simply not going to work for an older adult with mobility challenges, or you may need more privacy and separate living space to make sure living with your parents will work for everyone long term.
Another change in family dynamics might be your own plans for aging and retirement. If you want to settle in to the home where you will spend your older adult years, it may be best to look for a house where you can age in place, getting it ready now while it's easier to do so.
Equity in Your Current Home
Many people are talking about the increase in interest rates and the challenges that presents, but the current market conditions also have some advantages. If you are currently a homeowner, you likely have major equity thanks to increases in property values in recent years.
It might be a good time to leverage that equity to purchase a new home. This can provide a substantial down payment and increase your buying power in the real estate market. Depending on the equity you have and the home you want to buy, you may be able to significantly offset the cost of a higher interest rate or even buy something outright.
Taking advantage of the market conditions to fund your next investment is a smart way to leverage your position as a homeowner.
Your Location No Longer Works
The location of your home is that one feature you can do nothing about. If your neighborhood is no longer the right fit, you've had a job change, you want your kids in a different school district, or the commute is getting old, you might want to move to a different community.
The neighborhood you live in plays a crucial role in your overall satisfaction with your home. If your current neighborhood lacks the amenities you desire, such as parks, shopping, or recreational facilities, or if the safety of your neighborhood has declined, it might be time to explore new areas.
If your daily commute is causing stress and impacting your work-life balance, moving closer to your workplace can be a wise decision.
Change in Lifestyle
For many people, values, priorities, and lifestyle shift over time. The home you bought that was once an ideal fit may no longer meet your needs and suit your values. If you're longing for a quieter suburban life or, conversely, the vibrancy of city living, it might be time for a change. A desire for more outdoor space, a backyard, or proximity to nature can also influence your decision to move.
The decision to buy a new home is deeply personal and depends on far more than the current real estate market. Paying attention to signs that you are ready to move and carefully assessing your current situation can help you determine if it's the right time to embark on the exciting journey of finding a new place to call home.
Ready to look for <a href="https://www.houseswa.com" target="_blank">homes for sale in Snohomish County</a>? <a href="https://www.houseswa.com/contact/" target="_blank">Contact us</a> any time.2023-11-24T16:33:00-07:002023-11-26T23:50:52-07:00Mike Novaktag:houseswa.com,2012-09-20:10312Boost Your Snohomish County Home's Value Fast with These Projects<img src="https://assets.site-static.com/userfiles/696/image/Home_Value.jpg" width="450" height="350" alt="Home Value" title="Home Value" style="float: right; margin: 11px;" />Enhancing your home's value doesn't always require extensive renovations; sometimes, small, strategic improvements can make a significant impact. In Snohomish County, where the real estate market is dynamic and the natural beauty is abundant, homeowners have opportunities to boost their property values with targeted home improvement projects.
Want to learn more about <a href="https://www.houseswa.com/selling-a-home/" target="_blank">selling your home in Snohomish County</a> or <a href="https://www.houseswa.com/free-market-analysis/" target="_blank">find out what your home is worth</a> <a href="https://www.houseswa.com/contact/" target="_blank"> Contact us </a>any time. From curb appeal to energy efficiency, keep reading for a list of some fast ways to elevate your home's value.
Enhance the Curb Appeal
The first impression matters, and curb appeal plays a crucial role in the perceived value of your home. Quick and effective ways to enhance curb appeal include:
Landscaping: Invest in well-maintained landscaping, including manicured lawns, trimmed bushes, and vibrant flowers. Planting native vegetation can add a Pacific Northwest touch. For many homeowners, this is an easy DIY project, but it may also be worth the investment to have a professional team handle it.
Exterior Lighting: Illuminate your home's exterior with modern and energy-efficient lighting fixtures. Well-lit entryways and pathways contribute to a welcoming atmosphere, and make a home feel safer, too.
Update the Front Door
The front door is a focal point of your home's exterior. Consider the following upgrades:
New Door: Upgrade to a stylish and energy-efficient front door. Choose a design that complements the architectural style of your home.
Hardware: Replace outdated doorknobs and hinges with contemporary, high-quality hardware for a fresh and polished look.
Update the Kitchen and Bathrooms
The kitchen is a focal point for many homebuyers. Quick kitchen upgrades include:
Appliance Updates: Consider updating appliances with energy-efficient and modern models. Stainless steel appliances often have universal appeal.
Cabinet Refacing: If full cabinet replacement is not feasible, consider refacing or repainting cabinets for a more contemporary look.
Bathrooms are another area where small changes can yield significant results:
New Fixtures: Update faucets, showerheads, and lighting fixtures for a more modern aesthetic.
Fresh Grout and Caulk: Refresh the appearance of bathrooms by replacing worn-out grout and caulk. This simple step can make a big difference.
A full kitchen or bathroom renovation is going to have great ROI and attract the best buyers, but even a partial update is worth the investment of time, money, and effort.
Energy Efficient Home Improvements
Energy efficiency is a valuable selling point that can boost your home's value. Consider these upgrades:
Smart Thermostats: Install a smart thermostat to enhance energy efficiency and appeal to buyers who prioritize technology.
Insulation: Improve insulation in key areas, such as the attic, to boost energy efficiency and potentially lower utility bills.
Windows: Upgraded windows can make your home more energy efficient, and are a major selling point.
Create Outdoor Living Spaces
Snohomish County's scenic beauty encourages outdoor living, and PNW buyers are often looking for homes that take full advantage of the outdoor space. Enhance your property's value with functional outdoor spaces:
Deck or Patio: Install or upgrade a deck or patio to create an inviting outdoor living area.
Landscaped Outdoor Spaces: Well-designed landscaping, including comfortable seating and entertaining areas, can enhance the functionality of outdoor spaces.
Upgrade the Flooring
Flooring has a substantial impact on a home's overall aesthetic. Consider these updates:
Hardwood Floors: Refinish or install hardwood floors for a timeless and elegant look.
LVP: If hardwood is not in the budget, consider a more durable and affordable option like LVP.
Quality Carpeting: If you prefer carpeting, choose high-quality and neutral options. Ensure that existing carpets are clean and well-maintained. Consider opting out of whole house carpeting, as most buyers are looking for hard floors in the main living spaces.
Update Lighting Fixtures
Modern lighting fixtures can enhance both functionality and style:
Statement Lighting: Install eye-catching lighting fixtures in key areas, such as the entryway, dining room, or kitchen island.
Energy-Efficient Bulbs: Replace outdated bulbs with energy-efficient LED options for a brighter and more eco-friendly home.
Install Smart Home Technology
Integrate smart home technology to appeal to tech-savvy buyers:
Smart Security Systems: Install smart security systems for enhanced safety.
Smart Lighting and Thermostats: Showcase the convenience of smart lighting and thermostat controls.
Smart Window Coverings: Give buyers the opportunity to control the natural light in the home by installing blinds that can be controlled through an app.
Address Repairs
Tackling minor repairs is crucial for presenting a well-maintained home:
Leaky Faucets: Fix any leaky faucets or plumbing issues to demonstrate the property's attention to detail.
Patch and Paint: Address minor wall imperfections by patching and repainting. Small repairs contribute to a well-kept appearance.
Dents: If there are holes or dents in the walls or baseboards, address them before listing your home.
Elevating your home's value in Snohomish County doesn't have to be a daunting task. By strategically focusing on areas that matter most to potential buyers, such as curb appeal, energy efficiency, and modern aesthetics, you can make fast and impactful improvements. To learn more about <a href="https://www.houseswa.com/selling-a-home/" target="_blank">selling your home in Snohomish County</a>, <a href="https://www.houseswa.com/contact/" target="_blank">contact us</a> any time.2023-11-17T14:10:00-07:002023-11-19T21:27:31-07:00Mike Novaktag:houseswa.com,2012-09-20:10280Is Everett a Good Place to Raise a Family?<img src="https://assets.site-static.com/userfiles/696/image/Everett.jpg" width="450" height="350" alt="Raise a family in Everett" title="Raise a family in Everett" style="float: right; margin: 11px;" />Selecting the place you will settle down and raise a family is a multifaceted decision. You have to take into account a long list of factors, many of them unique to you and your needs, values, and goals. If <a href="https://www.houseswa.com/everett/" target="_blank">living in Everett</a> is on your list of potential places to raise a family, this post is for you. There are quite a few reasons that residents of Everett enjoy calling this town home, and we've got some of them listed out for you below.
If you would like to learn more about <a href="https://www.houseswa.com/everett/" target="_blank">houses for sale in Everett</a>, or how to <a href="https://www.houseswa.com/blog/house-hacking-in-snohomish-county-to-combat-affordability-challenges/" target="_blank">offset affordability challenges in the desirable Everett</a> housing market, <a href="https://www.houseswa.com/contact/" target="_blank">contact us</a> any time.
Education
Families living in Everett are served by <a href="https://www.everettsd.org" target="_blank">Everett Public School District</a>. The district has a great local reputation and there are many schools within walking distance of popular residential communities.
If you prefer a private education, there are also plenty of choices in the area. <a href="https://www.niche.com/k12/search/best-private-schools/t/everett-snohomish-wa/" target="_blank">Private schools near Everett</a> include religious choices, prep schools, performing arts academies, and more.
Things to Do
Everett offers a variety of family-friendly activities and attractions for kids. These are just a few of our favorites:
Explore the<a href="https://www.imaginecm.org" target="_blank"> Imagine Children's Museum</a>, a hands-on and interactive museum designed for children. It features exhibits that encourage creativity, exploration, and learning through play.
During the summer months, take a short ferry ride to<a href="https://www.visiteverett.com/1323/Your-Guide-to-Everetts-Jetty-Island" target="_blank"> Jetty Island</a>. This sandy island offers a beach environment where families can enjoy picnics, kite flying, sandcastle building, and shallow water play.
Visit Forest Park, the city's largest public park. It has playgrounds, sports fields, walking trails, and a spray park during the summer months.
If your kids are interested in aviation, explore the <a href="https://www.boeingfutureofflight.com" target="_blank">Future of Flight Aviation Center</a>. The center offers interactive exhibits, and you can also take a tour of the Boeing assembly plant to see jets being assembled.
Catch a minor league baseball game at <a href="https://www.milb.com/everett/ballpark/a-to-z-guide" target="_blank">Funko Field</a>, home to the Everett AquaSox. It's a family-friendly venue where kids can enjoy the excitement of a baseball game in a low key environment.
Explore <a href="https://snohomishcountywa.gov/Facilities/Facility/Details/Spencer-Island-76" target="_blank">Spencer Island Park</a>, a nature reserve with walking trails and opportunities for birdwatching.
Check the schedule at the <a href="https://www.yourhistoriceveretttheatre.org" target="_blank">Historic Everett Theatre</a> for family-friendly performances and events. From live shows to classic movies, it's a great venue for entertainment suitable for all ages.
Climate
The Pacific Northwest is known for its mild, maritime climate. Winters are cool and wet, with temperatures ranging from the mid-30s to mid-40s Fahrenheit. Summers are mild and dry, with temperatures typically in the 60s and 70s Fahrenheit. The region is known for its overcast and rainy days, especially during the fall and winter months.
In Everett, you will enjoy all four seasons but without extreme heat or snowstorms. For many families, this part of the country strikes a best of both worlds balance that allows them to enjoy the changing seasons without the inconveniences of major weather.
Healthcare
Everett is home to several healthcare facilities, including Providence Regional Medical Center Everett. This medical center is a major regional hospital providing a range of medical services. Additionally, there are various clinics, specialized healthcare providers, and wellness centers serving the community. Access to healthcare in Everett is generally good, and residents can find a variety of medical services within the city.
We find that for many of our clients looking to raise a family in Everett, there is a peace of mind that comes with knowing there are all the medical experts they might need just minutes from home.
Real Estate
Homes for sale in Everett are diverse. Everything from new construction developments to affordable condos and duplexes to <a href="https://www.houseswa.com/blog/buying-a-historic-home-in-everett/" target="_blank">historic homes</a> can be found in this desirable market. We can help you find the<a href="https://www.houseswa.com/blog/check-out-some-of-these-top-neighborhoods-in-everett/" target="_blank"> best neighborhoods in Everett</a> for your family's budget and preferences, and we are here to help every step of the way as you find your ideal new home.
Ready to learn more about<a href="https://www.houseswa.com/everett/" target="_blank"> living in Everett</a>? <a href="https://www.houseswa.com/contact/" target="_blank">Contact us</a> any time.2023-11-10T14:33:47-07:002023-11-10T15:05:37-07:00Mike Novaktag:houseswa.com,2012-09-20:10241What You Need to Know Before Buying a New Build in Snohomish County<img src="https://assets.site-static.com/userfiles/696/image/New_build.jpg" width="450" height="350" alt="WA new build" title="WA new build" style="float: right; margin: 11px;" />In response to a consistent demand for homes in Snohomish County, new housing developments are being added to the community all the time. These new build neighborhoods present the opportunity to live in a brand new home, offering a long list of benefits in both the house itself and the surrounding community.
Before you decide to sign on for a <a href="https://www.houseswa.com/snohomish/new-construction-homes-for-sale/" target="_blank">new construction home in Snohomish County</a>, make sure you have a couple important details ironed out: choose a local real estate expert that can advocate for you throughout the process, and make sure you have a list of the questions you need to ask before choosing a builder.
We can help with both of these factors. <a href="https://www.houseswa.com/contact/" target="_blank">Contact us</a> any time to learn more about how we can partner together to find your new home, and keep reading for a list of things you need to know in order to confidently move forward with the purchase of a new home.
What is the builder's reputation in the area?
This is a question you won't be able to ask the builder or their sales team directly, but we can help you navigate it. Most builders have a reputation that is easy to uncover between talking with our local real estate network and looking at online reviews.
A few negative stories don't have to be a dealbreaker, and mistakes are a reasonable part of anyone's reputation, but you want a builder who has a reputation for making things right, being honest, and not cutting corners.
What is the home warranty?
Most new construction homes are going to come with some level of warranty. It likely will not cover every part of the home, but should give you confidence in the quality of the construction itself. Find out whether your builder will offer a warranty and get a clear list of what it covers, in writing.
Is the community going to feature any amenities? What are the future plans for the neighborhood?
In nearly every case, a new construction home is going to be located in a brand new housing development. Because of this, you may be looking at buying a home without being able to see the community by which it will be surrounded.
Instead, get as much information as you can from the builder about the plans for the neighborhood. Look at the plans for community amenities, ask how many homes will be added and whether roads into the neighborhood are going to be expanded. The more you can learn about the future of the community, the more informed a decision you can make.
What is included in the base price of the home?
Most new construction homes are listed with a "starting at" price, meaning that is the base price before adding in the cost of the lot and the upgrades you might make in the design center. There may also be an opportunity to adjust the floor plan or layout, which will likely impact the price.
Find out what the builder included features and finishes are so that you can more accurately anticipate how much you will want to spend to upgrade with the builder, or upgrade after moving in.
There are also many things that are not included in a new build that most buyers might find surprising. Many builders do not provide fencing, landscaping, window coverings, or appliances. Keeping this in mind will help you budget appropriately for your home.
What is the construction timeline?
Construction is always done on a tentative timeline, as there is the potential for delays that are out of the builder's control. This might include supply chain delays, bad whether, or trouble getting the right people on the job. While your builder likely cannot tell you exactly when the home will be done, find out what they estimate and ask them if they have been delivering homes when expected. You should also ask what their policy is for handling setbacks and how they communicate with buyers about things that will affect the timeline.
What will the HOA fees be?
Nearly all new construction homes will be located in a neighborhood with an HOA. Find out what the expected HOA fees will be, what they will cover, how frequently they will be due, and anything else you can about the HOA management.
Are there any incentives offered for using a builder-preferred lender?
As you near the end of the construction process, it will be time to choose which lender you are going to use. Before choosing a builder, make sure you know if there are any benefits to choosing a certain lender.
Many builders offer incentives for going with their preferred lender. If this lender is able to offer rates and terms comparable to another, it may be worthwhile to make the switch in order to receive these incentives. Common incentives include a credit toward closing costs or interior upgrade options.
Ready to start looking for your <a href="https://www.houseswa.com/edmonds/new-construction-homes-for-sale/" target="_blank">new home in Snohomish County</a>? <a href="https://www.houseswa.com/contact/" target="_blank">Contact us</a> any time.
2023-11-03T14:52:24-07:002023-11-03T15:10:12-07:00Mike Novaktag:houseswa.com,2012-09-20:10192House Hacking in Snohomish County to Combat Affordability Challenges<img src="https://assets.site-static.com/userfiles/696/image/Is_House_HAcking_for_Me.jpg" width="450" height="350" alt="House hacking" title="House hacking" style="float: right; margin: 11px;" />The affordability of homeownership has decreased dramatically in recent years with increased interest rates, and we understand the challenges this puts in the path of Snohomish County buyers. For many buyers, it means coming up with a new strategy to offset increased costs while still pursuing their real estate goals.
One of the best options for those who want to invest but need to reassess their budget is house hacking. We can help you find a duplex for sale in Snohomish County that makes this unique homeownership strategy work for you, so <a href="https://www.houseswa.com/contact/" target="_blank">contact us </a>any time.
Need to learn more about house hacking first? Keep reading.
What is house hacking?
House hacking is a creative real estate investment strategy that combines buying your own home with buying an investment property. Depending on who you ask, it can be defined a few different ways.
Some people call it house hacking when you buy a home and rent out a part of it to offset the cost of your mortgage. This might look like purchasing a single family home with 4 bedrooms, knowing that you will only need 3, and renting the 4th bedroom out to a friend.
In this post, we are talking about a more formal type of house hacking, in which you purchase a multi-family property like a duplex. The price of the duplex will likely be comparable to a single family home you might buy, but you will live in one unit while renting out the other.
What are the benefits of house hacking?
House hacking comes with many benefits. In many cases, the rental income from the unit or units you are not living in will mostly cover or even exceed the monthly mortgage payment. This means you are enjoying all the advantages of homeownership while having a lower monthly housing payment than you otherwise would.
This opens up a variety of opportunities for you. First of all, it offsets the affordability challenges created by increased interest rates and owning a home in one of the best places to live in Washington. Second, it means the money you would otherwise be spending on your mortgage payment can now be leveraged toward other investments or expenses.
House hacking also offers the benefits of owning a rental property with a lower level of risk. Most people find that their tenants are more likely to honor the lease agreement, pay on time, and be a generally good neighbor when their landlord is living right next door or even sharing a wall.
How does house hacking make owning a home more affordable?
In addition to the rental income, house hacking offsets the cost of homeownership in multiple ways. There is the immediate help of the monthly rental payment, but there is also the slowly appreciate asset.
When you buy a duplex or other multi-family home, you are working toward your investment goals from multiple angles. As the property appreciates, that building equity opens up options for you.
You can leverage that equity in the future to renovate the property, or pull it out in a cash-out refinance to fund the purchase of another property. This might be your future home, or another rental property. If you choose to move out of your unit into another home in the future, the rental income from your original property will dramatically increase to further fund your investments in the future.
Is it hard to get financing for a duplex?
Another benefit of house hacking in comparison to buying a typical investment property is the financing options. For many buyers, securing financing for a multi-family property like a duplex is actually much easier than qualifying for a personal home. This is because the lenders understand the lower level of risk associated when there will be rental revenue covering a large portion of the monthly mortgage.
Talk to a lender or two about your options to find out if it might be the right fit for you. We can even recommend some of <a href="https://snocolending.com" target="_blank">our favorite local lenders</a>, so<a href="https://www.houseswa.com/contact/" target="_blank"> reach out any time.</a>
What if I don't want to live in a duplex?
We get it, you might not have pictured a duplex as your first home. Keep in mind that if a duplex isn't your preferred place to end up, this can be a temporary solution, a stepping stone toward your ultimate goal. In fact, many people who start their real estate investing journey by living in a duplex and renting out the other unit find that they are far more successful in the long run. Even just a year or two in the duplex can set you up with the equity you need to fund your future goals.
Ready to learn more or begin searching for duplexes for sale in Snohomish County? <a href="https://www.houseswa.com/contact/" target="_blank">Contact us </a>any time. 2023-10-26T10:13:06-07:002023-10-26T10:51:20-07:00Mike Novaktag:houseswa.com,2012-09-20:10173Check Out Some of These Top Neighborhoods in Everett<a href="https://www.houseswa.com/everett/" target="_blank"><img src="https://assets.site-static.com/userfiles/696/image/neighborhood_in_everett.jpg" width="450" height="375" alt="Everett Neighborhoods" title="Everett Neighborhoods" style="float: right; margin: 11px;" />Everett is one of the best places to live in Washington</a>, a vibrant city on Puget Sound with a mix of urban amenities, scenic landscapes, and diverse neighborhoods. If you are one of the many people ready to find their new home in Everett, consider some of these favorite neighborhoods in the area.
Whether you are looking for a <a href="https://www.houseswa.com/blog/buying-a-historic-home-in-everett/" target="_blank">historic house in Everett</a>, an affordable starter home, a place to raise your family, or anything else, we can help. <a href="https://www.houseswa.com/contact/" target="_blank">Contact us</a> any time.
To begin narrowing down your search, check out these favorite Everett neighborhoods.
<a href="https://www.houseswa.com/everett/delta-homes-for-sale/" target="_blank">Delta</a>
Delta is a residential neighborhood known for its well-established homes, quiet streets, and community parks. With its proximity to schools, shopping centers, and recreational facilities, Delta offers residents a relaxed suburban atmosphere and a family-friendly environment that caters to those seeking a close-knit residential community with convenient access to essential amenities.
<a href="https://www.houseswa.com/everett/silver-lake-homes-for-sale/" target="_blank">Silver Lake</a>
Silver Lake is a family-friendly neighborhood known for its suburban atmosphere, well-maintained parks, and proximity to Silver Lake's scenic waterfront. Residents enjoy access to local schools, recreational facilities, and shopping centers, making it an ideal area for families and individuals seeking a quiet residential setting with convenient access to urban amenities.
<a href="https://www.houseswa.com/everett/port-gardner-homes-for-sale/" target="_blank">Port Gardner</a>
Located along the waterfront, the Port Gardner neighborhood offers residents stunning views of Possession Sound and the Port of Everett. With its diverse dining options, cultural attractions, and waterfront activities, Port Gardner it perfect for those who want a lively and vibrant urban environment that blends coastal charm with the city's historic and cultural heritage.
<a href="https://www.houseswa.com/everett/view-ridge-homes-for-sale/" target="_blank">View Ridge-Madison</a>
View Ridge-Madison is a residential neighborhood known for its tree-lined streets, well-maintained homes, and community parks. The area offers residents a peaceful and suburban setting, with easy access to schools, recreational facilities, and local businesses, making it an attractive option for families and those seeking a close-knit community atmosphere.
<a href="https://www.houseswa.com/everett/bayside-homes-for-sale/" target="_blank">Bayside</a>
Bayside is a centrally located neighborhood that offers residents convenient access to downtown amenities, public transportation, and local businesses. With its diverse housing options, proximity to parks, and a growing arts and cultural scene, Bayside provides residents with a dynamic urban environment and a blend of residential and commercial opportunities.
This is an ideal choice for young professionals or anyone who wants to enjoy immediate access to the best dining, shopping, entertainment, and amenities in Everett.
Choosing the Right Neighborhood for You
These are just a few of the many diverse options you have in Everett's list of communities. As you choose where in the city you want to live, ask yourself these questions:
How long a commute am I comfortable with, and which cities will fit within that range?
Do I have a specific public school I'd like my kids to attend?
What type of views do I want to have from home?
How large a property am I hoping to find?
Is walkability a priority for me?
Am I willing to live in an HOA-managed neighborhood?
Are there any amenities that are a must-have for me?
Do I want to live in a <a href="https://www.houseswa.com/everett/new-construction-homes-for-sale/" target="_blank">new construction neighborhood in Everett</a>?
If you know what you want in a neighborhood and aren't sure where to find it in Everett, we can help. With years of local expertise, we are ready to partner with you in the search for your ideal property and location.
Ready to learn more about <a href="https://www.houseswa.com/everett/" target="_blank">living in Everett</a>? <a href="https://www.houseswa.com/contact/" target="_blank">Contact us</a> any time. 2023-10-22T21:37:23-07:002023-10-22T21:52:38-07:00Mike Novaktag:houseswa.com,2012-09-20:10113Boost Your Snohomish County Home's Value with These Projects<img src="https://assets.site-static.com/userfiles/696/image/resale_value.jpg" width="450" height="375" alt="Resale value" title="Resale value" style="float: right; margin: 11px;" />Before you <a href="https://www.houseswa.com/selling-a-home/" target="_blank">sell your home in Snohomish County</a>, it makes sense to set yourself up for sucess by investing in projects that will <a href="https://www.houseswa.com/adding-value/" target="_blank">boost its resale value</a>. Boosting your home's value before selling it can result in a higher selling price and a quicker sale. Snohomish County is a competitive real estate market, and strategic home improvements can make your property stand out.
Not all home improvement projects will translate to higher resale value. Here are some key home improvement projects to consider to maximize your home's value in Snohomish County.
Curb Appeal
First impressions matter, so start with enhancing your home's curb appeal. This includes landscaping, fresh exterior paint, a well-maintained lawn, and a welcoming front entry. A beautifully landscaped and maintained exterior can attract more potential buyers.
Take the time to refresh the first impression your home will give, starting here:
Power wash everything you can, including the home's exterior, driveway, walkways, and patios
Plant fresh flowers, if seasonally appropriate
Take care of all seasonal maintenance, like cleaning gutters, raking leaves, or pulling weeds
Wash all windows
Address any repairs that need to be made, like dented mailbox, cracks in the walkway, or damaged exterior lighting
Kitchen Renovation
An updated kitchen is a major selling point and one of the home renovations with the highest ROI. Consider updating your kitchen with modern appliances, new countertops, and cabinets. Stainless steel appliances and granite or quartz countertops are popular choices. If a complete remodel is too expensive, even minor updates like new hardware and a fresh coat of paint can make a significant difference.
Bathroom Renovation
Bathrooms are another key area of interest for homebuyers. You can update the bathrooms by replacing fixtures, adding a new vanity, or installing a new shower/tub. High-quality tiles, fresh paint, and modern lighting can also make the space more attractive.
Updated Flooring
Flooring can show the age of the home, and takes the brunt of the wear and tear in many households. Replace or refinish worn-out or outdated flooring to boost your home's value and make it look new again. Hardwood floors are particularly desirable, but high-quality laminate or luxury vinyl flooring can be cost-effective alternatives. Make sure the flooring complements the style of the home and is consistent throughout the house.
Outdoor Living Space
Create or enhance outdoor living spaces, such as a deck or patio. With Snohomish County's beautiful natural surroundings, an inviting outdoor area can significantly boost your home's appeal.
Many of your ideal buyers will consider outdoor living space to be a selling point. Invest in comfortable outdoor furniture and landscaping to create a welcoming space for entertaining and relaxation.
Energy Efficient Upgrades
Consider making your home more energy-efficient, which can be a major selling point. Install energy-efficient windows, upgrade insulation, and consider adding solar panels or a tankless water heater. These improvements not only increase the home's value but also reduce utility costs, which can be an attractive feature for potential buyers.
Finished Basement or Attic Space
If you have an unfinished basement or attic, consider finishing the space to add valuable square footage. These areas can serve as additional bedrooms, a home office, a recreation room, or a guest suite, depending on your target market.
While this will take some significnat investment of time and finances, it can greatly increase the resale value of your home. Talk with some local contractors to find out if this type of project might fit with your goals.
Fresh Paint
Don't underestimate the impact of a few gallons of paint. A fresh coat of paint can work wonders in making your home look clean and well-maintained. Neutral and light colors are generally the safest choice, as they appeal to a broader range of potential buyers.
Garage Organization
Organize and update the garage. Install storage solutions to keep the space neat and tidy. A well-organized garage can be a valuable selling point, especially for families or those who enjoy DIY projects.
Ready to learn more about <a href="https://www.houseswa.com/free-market-analysis/" target="_blank">the value of your home in Snohomish County</a> or get started <a href="https://www.houseswa.com/selling-a-home/" target="_blank">selling your home</a>? <a href="https://www.houseswa.com/contact/" target="_blank">Contact us </a>any time.2023-10-10T18:40:48-07:002023-10-10T18:55:10-07:00Mike Novaktag:houseswa.com,2012-09-20:10101Best Edmonds Neighborhoods for Young Professionals<img src="https://assets.site-static.com/userfiles/696/image/Young_Pro_Edmonds.jpg" width="450" height="375" alt="Edmonds Neighborhoods for Young Professionals" title="Edmonds Neighborhoods for Young Professionals" style="float: right; margin: 11px;" />Edmonds offers a variety of neighborhoods that cater to young professionals looking for a vibrant and convenient lifestyle. Whether you prefer a lively urban environment or a more relaxed suburban setting, Edmonds has something to offer.
If you are looking for <a href="https://www.houseswa.com/edmonds/" target="_blank">houses for sale in Edmonds</a>, <a href="https://www.houseswa.com/contact/" target="_blank">contact us</a> any time.
To learn more about some of the top neighborhoods in Edmonds for young professionals, check out the communities highlighted below, and let us know how we can help you find your ideal property.
Downtown Edmonds
<a href="https://www.houseswa.com/edmonds/downtown-edmonds/">Downtown Edmonds</a> is the heart of the city and a popular choice for young professionals. It offers a walkable and lively urban environment with a mix of restaurants, cafes, boutiques, and entertainment options.
The Edmonds-Kingston ferry terminal is located here, providing easy access to nearby destinations and the opportunity for scenic ferry rides. Housing options in this area include apartments, condominiums, and some single-family homes. Living in Downtown Edmonds provides convenience and a strong sense of community.
<a href="https://www.houseswa.com/edmonds/perrinville/">Perrinville</a>
Perrinville is a charming neighborhood in the southwestern part of Edmonds. It offers a suburban feel while still being close to amenities and job centers. This area features a mix of housing styles, including single-family homes and apartments. Many homes have spacious yards and greenery.
If you are looking to the future and want to invest in a home that will accommodate a family one day, you might like Perrinville. Perrinville Park provides opportunities for outdoor recreation, and the neighborhood is conveniently located near shopping and dining options.
<a href="https://www.houseswa.com/edmonds/meadowdale/">Meadowdale</a>
Meadowdale is a family-friendly neighborhood with a mix of housing options, including single-family homes and townhouses. The neighborhood is known for its good schools and parks, making it a desirable choice for young professionals with families.
Meadowdale Beach Park offers scenic views of Puget Sound and has walking trails that lead to the beach, providing a peaceful escape from the daily hustle and bustle.
<a href="https://www.houseswa.com/lynnwood/alderwood/">Alderwood</a>
Alderwood is a neighborhood on the eastern side of Edmonds, near the Alderwood Mall and commercial district.
Young professionals who enjoy shopping and dining options will find Alderwood appealing. It's also a convenient location for commuting to nearby job centers like Lynnwood and Everett. Housing options in Alderwood include apartments, townhouses, and single-family homes.
<a href="https://www.houseswa.com/edmonds/yost-park-homes-for-sale/">Yost Park</a>
Yost Park is a quiet and residential neighborhood situated in the central part of Edmonds. The neighborhood is known for its Yost Park, a beautiful wooded area with walking trails, picnic spots, and a playground.
Young professionals seeking a peaceful and family-friendly atmosphere may find Yost Park a desirable option. Housing choices include single-family homes and apartments.
<a href="https://www.houseswa.com/edmonds/seaview-homes-for-sale/">Seaview</a>
Seaview is a desirable neighborhood in the western part of Edmonds, known for its charming streets and beautiful homes. It offers a mix of housing options, including single-family homes with character and architectural appeal.
Seaview Park also provides plenty of recreational opportunities, and the neighborhood is close to Edmonds' vibrant downtown area.
Whether you are looking for a condo or a house, somewhere to live for a few years or a long term investment, we can help you find it. Ready to look for <a href="https://www.houseswa.com/edmonds/" target="_blank">your home in Edmonds</a>? <a href="https://www.houseswa.com/contact/" target="_blank">Contact us</a> any time. 2023-10-06T16:05:03-07:002023-10-17T12:11:54-07:00Mike Novaktag:houseswa.com,2012-09-20:10068Why Do People Love Living in Snohomish County?<img src="https://assets.site-static.com/userfiles/696/image/Snohomish.jpg" width="450" height="375" alt="Why Snohomish County" title="Why Snohomish County" style="float: right; margin: 11px;" />Living in Snohomish County offers residents a unique blend of natural beauty, outdoor recreation, thriving communities, and access to the vibrant cultural scene of the Pacific Northwest. Seattle and the surrounding area has been drawing transplants for decades now, with continued growth and development in the area that doesn't seem to be slowing down.
What is it that draws so many people to move here and stay? These are just some of the reasons people love living in Snohomish County.
Scenic Beauty
Snohomish County is renowned for its picturesque landscapes. Residents can enjoy stunning views of the Cascade Mountains, lush forests, and Puget Sound. The county's natural beauty is a major draw for outdoor enthusiasts and nature lovers. It can also be a refreshing change from your current setting if you are living in a different climate or an urban environment.
Outdoor Recreation
With its diverse terrain, Snohomish County provides abundant opportunities for outdoor activities. Residents can explore numerous parks, hiking trails, and recreational areas. Whether you enjoy hiking, skiing, fishing, or kayaking, there's something for everyone in the great outdoors.
Local Economy
The county's economy is dynamic and diversified, with significant contributions from industries like aerospace, technology, healthcare, and manufacturing. Job opportunities are available in various sectors, making it an attractive place for professionals and job seekers.
Snohomish County's location just north of Seattle provides convenient access to the city's job opportunities, cultural attractions, and world-class healthcare facilities, further strengthening to local economy.
Diversity and Culture
This is a region that is diverse and welcoming. Snohomish County offers a wide array of communities, from bustling urban areas like Everett to charming small towns like Snohomish and Edmonds. Each community has its unique character and amenities, catering to a variety of lifestyles.
The county boasts a vibrant cultural scene with theaters, art galleries, music venues, and cultural festivals. Residents have access to a wide range of cultural experiences, from live performances to art exhibitions.
Foodies will appreciate the diverse culinary scene in the county. From fresh seafood to international cuisine, there are plenty of dining options to explore, not to mention the amazing variety of coffee shops to try.
Education
Snohomish County is home to a range of excellent public and private schools, offering quality education for students of all ages. Additionally, higher education institutions, including Edmonds College, provide opportunities for lifelong learning and skill development.
Whether you have kids, are considering starting a family in the future, or want to get a degree, Snohomish County is full of opportunity.
Historic Charm
Many communities in the county feature historic districts with charming architecture and a rich sense of history. These areas offer a unique blend of nostalgia and modern amenities.
If you are looking for a home with obvious character and years of history, consider some of the <a href="https://www.houseswa.com/blog/buying-a-historic-home-in-everett/" target="_blank">historic homes in Everett</a>. These gorgeous properties have been preserved to display the heritage of this town's fascinating past.
PNW Lifestyle
Living in Snohomish County often means embracing the Pacific Northwest lifestyle. Residents tend to adopt a laid-back, environmentally conscious, and outdoor-oriented way of life.
For many people, it is this lifestyle that is so appealing, especially as a change from a more fast paced or urban environment. The PNW lifestyle in Snohomish County provides an attractive combination of laid back small towns with the entertainment and convenience of Seattle at the heart of it.
Interested in learning more about <a href="https://www.houseswa.com" target="_blank">homes for sale in Snohomish County</a>? We would love to help you find the home that is right for you, so <a href="https://www.houseswa.com/contact/" target="_blank">contact us </a>any time. 2023-09-29T21:53:55-07:002023-09-29T22:13:46-07:00Mike Novaktag:houseswa.com,2012-09-20:10028Where to Buy an Investment Property in Snohomish County<img src="https://assets.site-static.com/userfiles/696/image/Where_to_Invest.jpg" width="450" height="375" alt="Where to invest" title="Where to invest" style="float: right; margin: 11px;" />Snohomish County, with its picturesque location in the Puget Sound region of Washington, has become a hotbed for real estate investment in recent years. As the population in the Seattle metropolitan area continues to grow, many individuals and investors are looking to Snohomish County for its relative affordability, quality of life, and promising real estate market.
If you are looking for the right team to help you invest in real estate in Snohomish County, were are here to help. <a href="https://www.houseswa.com/contact/" target="_blank">Contact us</a> any time. To help narrow down your search area, keep reading as we explore some of the best places to invest in real estate within Snohomish County.
Everett
<a href="https://www.houseswa.com/everett/" target="_blank">Everett </a>is a hub of economic activity and a prime real estate investment location. Several factors contribute to its appeal.
The city's diverse economy, driven by industries like aerospace (home to Boeing's largest assembly plant), healthcare, and technology, provides a stable job market and potential rental income.
It is also a popular location for those who work in Seattle. Everett's relative proximity to Seattle, with commuter-friendly transit options like the Sounder commuter rail, makes it an attractive option for those who work in the city but seek more affordable housing. This means strong demand for rental properties in the area.
The presence of institutions like Everett Community College adds to the city's appeal, attracting students and faculty who may require housing, and Everett's waterfront properties, especially along the Port Gardner Bay, offer scenic views and potential for property appreciation.
Lynnwood
<a href="https://www.houseswa.com/lynnwood/" target="_blank">Lynnwood</a>'s strategic location along major highways, including Interstate 5, makes it a transportation hub for commuters, enhancing its rental market. The city has seen substantial retail and commercial development, including the Alderwood Mall area.
There is a steady demand for rental homes in the Lynnwood area. Edmonds Community College and proximity to other educational institutions make Lynnwood appealing to students and faculty.
Marysville
<a href="https://www.houseswa.com/marysville/" target="_blank">Marysville</a> has been experiencing growth and transformation, making it a promising real estate investment destination. The city's real estate prices are often more affordable than those in southern Snohomish County and Seattle, attracting both buyers and renters. If you are looking for an affordable first rental property, we can help you find something that meets your budget in Marysville.
Access to outdoor activities, parks, and lakes adds to the city's allure. With a growing community, Marysville offers potential for rental properties and single-family homes, with significant appreciation potential in the coming years.
Edmonds
<a href="https://www.houseswa.com/edmonds/" target="_blank">Edmonds</a> is a coastal city known for its charm and strong sense of community. It boasts picturesque waterfront homes and condos with stunning views of Puget Sound, making it a coveted area for real estate investment. It is also a popular choice for those wondering <a href="https://www.houseswa.com/blog/5-reasons-edmonds-is-a-great-place-to-raise-a-family/" target="_blank">where to raise a family in Snohomish County</a>.
The city's vibrant arts and culture scene, including galleries, theaters, and events, attracts residents and visitors alike. It is also home to the Edmonds Community College, drawing students and faculty in need of housing. Whether you are considering a short term vacation rental or a long term rental property, Edmonds offers demand for both.
Arlington
<a href="https://www.houseswa.com/arlington/" target="_blank">Arlington</a>, located in northern Snohomish County, offers a mix of rural charm and suburban amenities. The city's real estate market is relatively more affordable than many other parts of the county, making it attractive for both homeowners and investors.
Surrounded by stunning natural landscapes, including the Cascade Mountains, Arlington offers potential for vacation rentals and outdoor enthusiasts.
Mill Creek
<a href="https://www.houseswa.com/mill-creek/" target="_blank">Mill Creek</a>, a highly desirable planned community in Snohomish County, offers a unique real estate investment landscape. The thoughtfully designed neighborhoods, parks, and amenities make it an appealing location for families and individuals.
Mill Creek Town Center, a thriving retail and dining district, adds value to the city's real estate market. <a href="https://www.houseswa.com/blog/check-out-these-fun-things-to-do-in-mill-creek/" target="_blank">Mill Creek has plenty to do</a> and is popular for families, as the city is part of the highly regarded Everett School District.
Monroe
Monroe, situated in the Skykomish River Valley, is known for its scenic beauty and growing real estate potential. The city's proximity to the Cascade Mountains and access to outdoor activities like hiking, fishing, and skiing make it attractive to those seeking a balanced lifestyle. It is also a great option for a short term vacation rental because of the surrounding outdoor recreation opportunities.
Monroe offers more affordable housing compared to nearby urban areas, drawing both residents and investors. As the community grows, the demand for housing, including rental properties, is on the rise. This is one of the best places to invest in Snohomish County if you are looking for something in an up and coming area.
Lake Stevens
<a href="https://www.houseswa.com/lake-stevens/" target="_blank">Lake Stevens</a> is known for its namesake lake and is an attractive destination for real estate investment. The city offers lakefront homes and waterfront living, which can be appealing to those seeking a serene lifestyle or in search of a peaceful vacation rental. Lake Stevens provides numerous opportunities for water sports, fishing, and outdoor recreation, making it a magnet for nature enthusiasts.
Ready to begin the search for your investment property in Snohomish County? <a href="https://www.houseswa.com/contact/" target="_blank">Contact us </a>any time. 2023-09-24T20:09:02-07:002023-09-24T21:02:09-07:00Mike Novaktag:houseswa.com,2012-09-20:9991Check Out These Fun Things to Do in Mill Creek<img src="https://assets.site-static.com/userfiles/696/image/Things_to_Do_in_Mill_Creek.jpg" width="400" height="350" alt="Things to Do in Mill Creek" title="Things to Do in Mill Creek" style="float: right; margin: 11px;" />Mill Creek is a thriving suburban community located in Snohomish County, just 20 miles north of downtown Seattle. Known for its family-friendly atmosphere, well-maintained neighborhoods, and beautiful natural surroundings, Mill Creek is a great place to live with plenty to do just outside the city. The city is named after a small, winding stream called Mill Creek, which meanders through the community. This natural feature, along with its lush greenery and numerous parks, contributes to Mill Creek's scenic beauty
If you're looking for <a href="https://www.houseswa.com/mill-creek/" target="_blank">homes for sale in Mill Creek</a>, <a href="https://www.houseswa.com/mill-creek/#dynamic-section-collapse-721" target="_blank">contact us</a> any time to let us know how we can help. To explore the Mill Creek area and see why so many people love living here, check out some of these fun things to do in the area.
Mill Creek Country Club
If you're a golf enthusiast, consider a day at the <a href="https://www.millcreek.cc" target="_blank">Mill Creek Country Club</a>, a private golf club with an 18-hole golf course set amidst beautifully landscaped grounds. The club also hosts social events and tournaments and features various amenities for the whole family to enjoy.
Check Out the Local Restaurant Scene
Mill Creek is located only about 40 minutes from Seattle, where you will find famous coffee shops, charming cafes, and impressive fine dining, but you don't have to go that far to find a restaurant worth visiting.
If you're looking for a place to enjoy pizza with the family, Uncle Peteza's offers a selection of New York-style pizzas, calzones, pasta, and sandwiches that will satisfy your craving. Their generous portions and quality ingredients make it a popular choice for Italian-American cuisine.
For a cozy coffee shop atmosphere, Spotted Cow Coffeehouse is another local favorite. They serve a variety of coffee and tea drinks, as well as pastries, sandwiches, and breakfast options.
<a href="https://www.shawnodonnells.com" target="_blank">Shawn O'Donnell's</a> is a welcoming Irish pub offering classic American and Irish dishes. The menu includes Irish stew, corned beef and cabbage, and hearty burgers. It's a friendly place to enjoy comfort food and a pint of beer, perfect for a causal date night.
Fishing and Boating
Nearby lakes and rivers provide fishing and boating opportunities. Check out Silver Lake and Martha Lake, both just a short drive away and great places to enjoy water activities. There is also the peaceful creek that winds through town, Mill Creek's namesake.
Wine Tasting
The <a href="https://woodinvillewinecountry.com" target="_blank">Woodinville Wine Country</a>, known for its wineries and tasting rooms, is close enough Mill Creek to enjoy any time. You can spend a day exploring the local wine scene only about 25 minutes from home.
Special Community Events
Mill Creek hosts various community events throughout the year, including summer concerts in the park, seasonal festivals, and holiday celebrations. <a href="https://www.millcreekwa.gov/cms/One.aspx?portalId=9100937&pageId=19480350">Check the city's event calendar</a> to stay updated on upcoming activities. One of the favorite local events is the holiday lights. During the holiday season, Mill Creek is known for its festive lights and decorations, and the whole town seems to take part in the festivity. Take a drive through the well-decorated neighborhoods to enjoy the holiday spirit.
Living in Mill Creek provides that tight knit community and comfortable atmosphere, all within a reasonable driving distance from amazing hikes throughout the region and urban amenities in nearby Seattle. To learn more about <a href="https://www.houseswa.com/mill-creek/" target="_blank">living in Mill Creek</a>, <a href="https://www.houseswa.com/mill-creek/#dynamic-section-collapse-721" target="_blank">contact us</a> any time. 2023-09-16T20:11:41-07:002023-09-17T21:07:47-07:00Mike Novaktag:houseswa.com,2012-09-20:99505 Reasons Edmonds is a Great Place to Raise a Family<img src="https://assets.site-static.com/userfiles/696/image/Edmonds.jpg" width="400" height="350" alt="Edmonds Family" title="Edmonds Family" style="float: right; margin: 11px;" />Nestled on the shores of Puget Sound, Edmonds is a charming and picturesque city that has gained recognition as one of the best places to raise a family in the Pacific Northwest. Its welcoming community, top-notch schools, abundant outdoor recreational opportunities, and vibrant cultural scene make it an ideal destination for those looking to provide a nurturing and enriching environment for their children.
To find <a href="https://www.houseswa.com/edmonds/" target="_blank">homes for sale in Edmonds</a> or learn more about the local real estate market, <a href="https://www.houseswa.com/contact/" target="_blank">contact us</a> any time, and keep reading for 5 reasons people are choosing to raise their families in Edmonds.
1. Top Notch Schools
Edmonds is renowned for its excellent educational institutions, making it a top choice for families with school-aged children. The Edmonds School District is known for its commitment to academic excellence and includes a variety of highly rated public elementary, middle, and high schools, ensuring that students receive a high-quality education. Edmonds is also home to several private schools, offering diverse educational approaches and religious affiliations to cater to different family preferences.
Even families with adult children can benefit from the academic excellence in the area. Located within driving distance of Edmonds are renowned institutions like the University of Washington and Seattle Pacific University, providing excellent opportunities for higher education not far from home.
2. Proximity to Outdoor Recreation
The Pacific Northwest in general is known for gorgeous outdoor recreation with year round opportunities to enjoy the scenic setting, and Edmonds is no exception. The breathtaking natural surroundings and proximity to outdoor recreational opportunities make it an ideal place for families who appreciate the great outdoors.
Residents enjoy easy access to Puget Sound, with scenic beaches and opportunities for boating, fishing, and beachcombing. Nearby forests and trails like the 12-acre Yost Park and the scenic Japanese Gulch Loop Trail provide hiking and nature exploration opportunities suitable for all ages. In the winter, families can reach the popular ski and snowboarding destinations of the Cascade Mountains within a reasonable drive.
3. Culture and the Arts
Edmonds may be a small city, but it boasts a vibrant cultural scene that caters to families. Edmonds Center for the Arts hosts a variety of family-friendly performances, including theater productions, music concerts, and dance recitals, and Edmonds is also home to art galleries and museums that offer educational and cultural experiences for children and adults alike.
Throughout the year, the city hosts community events like festivals, parades, and markets, providing entertainment and opportunities for family bonding. It's easy to expose your children to a variety of cultural experiences living in Edmonds.
4. Diverse Restaurant Scene
Many parents are looking for a place that has the charm of a small town without sacrificing the perks of a larger city, like a long list of great restaurants to try. Edmonds offers a diverse culinary scene that can satisfy the palates of both parents and children.
Numerous restaurants in Edmonds cater to families with kid-friendly menus, play areas, and outdoor seating. There is also the Edmonds Farmers' Market, a great place for families to explore fresh, locally sourced foods and enjoy the vibrant community atmosphere.
5. Tight-Knit Community
One of the standout features of Edmonds is its strong sense of community, which contributes to a high quality of life for families. With many families already a part of the Edmonds community, it is easy to find other people to become a part of your "village." Families can find support through local parent groups, community organizations, and social clubs and regular community events and festivals foster a sense of belonging, providing opportunities for families to create lasting memories together.
Ready to learn more about <a href="https://www.houseswa.com/edmonds/" target="_blank">homes for sale in Edmonds</a>? <a href="https://www.houseswa.com/contact/" target="_blank">Contact us</a> any time. 2023-09-09T21:28:48-07:002023-09-09T21:43:28-07:00Mike Novaktag:houseswa.com,2012-09-20:9923Things to Do in Everett<img src="https://assets.site-static.com/userfiles/696/image/Things_to_Do_in_Everett.jpg" width="450" height="400" alt="Thing to Do in Everett" title="Things to Do in Everett" style="float: right; margin: 11px;" />Located in Snohomish County, Everett is situated along the Puget Sound and is conveniently close to Seattle. It offers a range of activities and attractions for residents to enjoy. If you are wondering if moving to Everett will be the right fit for you, plan a house hunting trip and check out these fun things to do in town.
Imagine Children's Museum
Everett is a family friendly city with plenty to do for all ages. If you have young children in your home, take a visit to the<a href="https://www.imaginecm.org" target="_blank"> Imagine Children's Museum</a>.
A great place for families, this interactive museum offers hands-on exhibits and activities for kids of all ages. It's both educational and fun.
Naval Station Everett
Take a guided tour of the U.S. Navy's homeport in the Pacific Northwest, <a href="https://cnrnw.cnic.navy.mil/Installations/NS-Everett/" target="_blank">Naval Station Everett</a>. Visitors can learn about naval operations and the ships stationed there. It is located on Everett's waterfront on the northeastern edge of Puget Sound in a beautifully scenic spot.
Boeing Future of Flight
The Boeing Assembly Plant in Everett is one of the largest buildings in the world. In addition to being a top employer in the area, it's an exciting place to visit. Tours are temporarily closed at the plant, but you can also visit the <a href="https://www.boeing.com/company/tours/" target="_blank">Boeing Future of Flight</a> at Snohomish County Airport, one of Washington's premier aerospace attractions.
Schack Art Center
The <a href="https://www.google.com/search?client=safari&rls=en&q=schack+art+center&ie=UTF-8&oe=UTF-8" target="_blank">Schack Art Center</a> is dedicated to promoting and supporting the arts in the Everett area. You can explore art exhibitions, take art classes, and watch artists at work in their studios.
Jetty Island
Located just off the coast of Everett, Jetty Island is a great spot for outdoor activities. You can take a ferry to the island and enjoy hiking, swimming, kiteboarding, and picnicking on the sandy beaches.
Historic Downtown Everett
Take a stroll through downtown Everett to appreciate its historic architecture and vibrant arts scene. You'll find art galleries, theaters, shops, and restaurants to explore.
If you'd like to learn more about <a href="https://www.houseswa.com/blog/buying-a-historic-home-in-everett/" target="_blank">living in a historic home in Everett, check out this post</a>.
Evergreen Arboretum and Gardens
<a href="https://www.evergreenarboretum.com" target="_blank">Evergreen </a>is a 3 and a half acre arboretum in beautiful American Legion Memorial Park. This peaceful oasis features a variety of gardens, including a Japanese garden, a rock garden, and a wetland habitat. It's a lovely place for a leisurely walk and birdwatching.
Marina Village
Located along the waterfront, Marina Village offers dining, shopping, and scenic views of the marina. You can enjoy waterfront restaurants and browse boutique shops. This is a great place to explore your new city and enjoy a meal on the water.
Everett Farmers Market
Running from May to October, the <a href="https://everettfarmersmarket.com" target="_blank">Everett Farmers Market</a> is a great place to shop for fresh, local produce, artisan goods, and enjoy live music and food vendors.
Everett Performing Arts Center
<a href="https://villagetheatre.org/epac/" target="_blank">Everett Performing Arts Center</a> has been a hub for entertainment since 1979, offering a cozy theater space with a convenient location. Check the schedule for performances at this venue, which hosts concerts, theatrical productions, and other cultural events.
Outdoor Recreation
The PNW is known for outdoor reaction, and Everett is no exception. Everett and its surrounding areas provide ample opportunities for outdoor enthusiasts. You can go hiking in nearby nature reserves like the Lord Hill Regional Park or enjoy boating and fishing on the Puget Sound.
To learn more about <a href="https://www.houseswa.com/everett/" target="_blank">homes for sale in Everett</a>, <a href="https://www.houseswa.com/communities/#dynamic-section-collapse-721" target="_blank">contact us</a> any time. 2023-09-03T14:35:40-07:002023-09-03T15:05:23-07:00Mike Novaktag:houseswa.com,2012-09-20:9893Buying a Historic Home in Everett<a href="https://www.houseswa.com/everett/" target="_blank"><img src="https://assets.site-static.com/userfiles/696/image/Everett_historic_home.jpg" width="400" height="380" alt="Historic home in Everett" title="Historic home in Everett" style="float: right; margin: 11px;" />Everett</a> is known for it's charming historic downtown area, and is a wonderful place to live. As it has developed, residents of Everett can choose from a variety of housing styles, including new construction homes as well as home with a rich history.
In the late 19th century, the development of Everett began as a result of economic activities in the Puget Sound region. The city was founded in 1890 by a group of investors led by Henry Hewitt, Jr. and Charles L. Colby. Everett's strategic location along the shores of Port Gardner Bay made it a natural choice for a deepwater port. The investors aimed to create a major industrial and transportation hub in the Pacific Northwest.
Many beautiful homes remain a part of modern-day Everett and provide a beautiful image of the city's history. Some residents choose to honor the history of the town by caring for some of the historic homes that have been a part of the community for over a century.
Famous Historic Homes in Everett
Everett is home to several historic homes and buildings that reflect the city's rich history and architectural heritage. While it may not be as well-known for its historic homes as some other cities, Everett does have a few notable examples.
Rucker Mansion
One of the most iconic historic homes in Everett is the Rucker Mansion, also known as the "Rucker House." It was built in 1905 for one of the city's founding families, the Ruckers. The mansion is a fine example of Colonial Revival architecture and is listed on the National Register of Historic Places. It now serves as a bed and breakfast, allowing visitors to experience the charm and history of the home.
Hewitt Avenue Historic District
While not a single historic home, the Hewitt Avenue Historic District in downtown Everett encompasses several historic buildings and homes. The district features a mix of architectural styles, including Victorian, Art Deco, and more. It's a great place for a stroll to admire the historic character of the city.
Cady Homes
The Cady Homes, also known as the Norton-Grand Historic District, consists of a group of Queen Anne-style houses built in the late 19th century. These homes are notable for their ornate architectural details and are part of Everett's effort to preserve its historic heritage.
Monroe House
The Monroe House, built in 1891, is another historic home in Everett. This Queen Anne-style residence is recognized for its distinctive turret and decorative elements. It's a private residence, so it's not typically open to the public, but it's a noteworthy example of historic architecture in the city.
Owning a Historic Home in Everett
Do you dream of owning a historic home in Everett? While some of the more famous homes are unlikely to come on the market, we can help you find a beautiful home with a rich history in Everett.
If you're interested in owning one of these homes, there are some things to keep in mind. In an effort to preserve the history of Everett, there are <a href="https://www.everettwa.gov/DocumentCenter/View/1112/Your-Old-House-Historic-Preservation-Resource-and-Design-Guide-PDF?bidId=" target="_blank">local regulations for those who buy a historic home</a>, including how the home can be altered and renovated. <a href="https://www.everettwa.gov/DocumentCenter/View/1112/Your-Old-House-Historic-Preservation-Resource-and-Design-Guide-PDF?bidId=" target="_blank"></a>
Many of the historic homes in Everett display Colonial Revival architecture and owners are expected to preserve this aesthetic for the community. If you are considering a purchase of a historic Everett home, keep in mind that the best fit for these homes are owners who are enthusiastic about preserving a piece of history and not making major alterations.
If you would like to know more about the historic home market in Everett, we are here to help. <a href="https://www.houseswa.com/everett/#dynamic-section-collapse-721" target="_blank">Contact us</a> any time. 2023-08-26T10:43:36-07:002023-08-26T11:02:12-07:00Mike Novaktag:houseswa.com,2012-09-20:9869Best Arlington Neighborhoods for Families<a href="https://www.houseswa.com/arlington/" target="_blank"><img src="https://assets.site-static.com/userfiles/696/image/Family_neighborhoods.jpg" width="400" height="350" alt="Family neighborhoods in Arlington" title="Family neighborhoods in Arlington" style="float: right; margin: 11px;" />Arlington</a> is a charming community located in Snohomish County, known for its neighborly atmosphere, scenic beauty, and family-friendly environment. If you are considering a move to Arlington as a family, we have a list of some of the best neighborhoods for families with children in the area.
To learn more about <a href="https://www.houseswa.com/arlington/" target="_blank">homes for sale in Arlington</a>, <a href="https://www.houseswa.com/arlington/#dynamic-section-collapse-721" target="_blank">contact us</a> any time. We have a team of local experts to help, and a list below of neighborhoods to consider for your young family moving to Arlington.
<a href="https://www.houseswa.com/arlington/gleneagle-homes-for-sale/">Gleneagle</a>
Gleneagle is a well-established neighborhood with a mix of single-family homes. It offers amenities like parks, playgrounds, and a golf course, making it an attractive choice for families who enjoy outdoor activities. The neighborhood has a strong sense of community and hosts events throughout the year to bring residents together. This makes it easy to connect with your community and help your kids get settled in to their new home.
<a href="https://www.houseswa.com/arlington/eagle-ridge-homes-for-sale/">Eagle Ridge</a>
Eagle Ridge is a newer residential community that offers a variety of modern homes with spacious yards. The neighborhood is known for its peaceful atmosphere, well-maintained streets, and easy access to amenities like schools and parks.
<a href="https://www.houseswa.com/property-search/results/?searchtype=2&searchid=1357438">High Clover Park</a>
High Clover Park is a popular neighborhood with a range of housing options, including single-family homes and townhouses. It features a large community park with playgrounds, sports fields, and walking trails, making it an ideal place for families to enjoy outdoor activities.
<a href="https://www.houseswa.com/arlington/crown-ridge-homes-for-sale/">Crown Ridge</a>
Crown Ridge is known for its family-friendly environment and beautiful views of the Cascade Mountains. The neighborhood features beautifully designed homes and is conveniently located near schools, shopping centers, and recreational facilities, perfect for the busy family.
<a href="https://www.houseswa.com/property-search/results/?searchtype=2&searchid=1357439">Kent Prairie</a>
Kent Prairie is a quiet and peaceful neighborhood that offers a mix of housing styles, including single-family homes and townhouses to accommodate a variety of budgets and preferences. It is close to local schools and parks, making it convenient for families with young children.
<a href="https://www.houseswa.com/arlington/arlington-heights-homes-for-sale/">Arlington Heights</a>
Arlington Heights is a rural area with a strong sense of community. Families who enjoy a more tranquil and spacious setting may appreciate the large properties and country living atmosphere in this neighborhood. It's not difficult to access amenities with just a short drive into town, while still enjoying the peaceful atmosphere of this quiet community.
<a href="https://www.houseswa.com/property-search/results/?searchtype=2&searchid=1357440">Old Town Arlington</a>
While not a traditional suburb, Old Town Arlington offers a unique charm and family-friendly atmosphere. It features historic homes, local shops, and community events that bring families together. If you want to live where you can enjoy the original heritage of Arlington, Old Town might be the right fit for you.
<a href="https://www.houseswa.com/arlington/smokey-point-homes-for-sale/">Smokey Point</a>
Smokey Point is an area with a mix of residential and commercial spaces. It offers various amenities like shopping centers, restaurants, and entertainment options, making it convenient for families who have a busy schedule.
<a href="https://www.houseswa.com/arlington/magnolia-meadows-homes-for-sale/">Magnolia Meadows</a>
Magnolia Meadows is a newer development with modern homes and a family-oriented vibe. The neighborhood often features community events and offers easy access to parks and schools to make it easy to keep your family's schedule coordinated.
Ready to learn more about moving to Arlington? <a href="https://www.houseswa.com/arlington/#dynamic-section-collapse-721" target="_blank">Contact us</a> any time.2023-08-18T18:12:11-07:002023-08-22T08:11:27-07:00Mike Novaktag:houseswa.com,2012-09-20:9851Easy Ways to Buy a Home After 50<img src="https://assets.site-static.com/userfiles/696/image/Easy_Ways_to_Buy_a_Home_After_50.jpg" width="900" height="500" alt="Easy Ways to Buy a Home After 50" title="Easy Ways to Buy a Home After 50" />
Unlocking the Freedom of Homeownership After 50 in Everett, Washington
Are you over 50 and dreaming of a tranquil retirement by the water's edge? If so, you're not alone. Many discerning individuals like you are considering the serene allure of the Bay area in <a href="https://www.houseswa.com/Everett/">Everett</a>, Washington, for their golden years. <a href="https://www.houseswa.com/about/">The Novak Team</a>, your trusted real estate partners, understands the unique needs of those embarking on this exciting journey. We're here to address the questions and concerns that may arise as you contemplate purchasing a home after 50.
Navigating Mortgages with Confidence
The prospect of committing to a 30-year mortgage might raise a few eyebrows, especially when you're in the prime of your life. However, rest assured that this shouldn't deter you from embracing the idea of owning a property. At the Novak Team, we emphasize that the road to homeownership is paved with options. While a 30-year mortgage is one route, shorter-term alternatives like the 10-year, 15-year, or 20-year mortgages offer compelling advantages.
Opting for a shorter-term mortgage not only grants you the peace of mind of owning your property earlier in life but also fosters a stronger financial foundation. With diligent planning and a solid credit record, you could be free and clear by age 65, a milestone many aspire to achieve. Our network of trusted lenders in the Everett area can guide you through these various mortgage options, ensuring you make an informed decision that aligns with your financial goals.
Crafting Your Resale Legacy
As you embark on this chapter of your life, resale value takes on a renewed significance. The Novak Team recognizes that your home may evolve from a personal haven to an asset you wish to leave as a legacy for your loved ones. Whether you choose to sell it, gift it to family, or pass it down to the next generation, prioritizing resale value now positions you for success in the years to come.
<a href="https://www.houseswa.com/about/">Our expert real estate agents </a>are well-versed in identifying properties with promising resale potential. This foresight safeguards your investment, allowing you to rest assured that your home will continue to hold its value well into the future.
Designing for the Years Ahead
Age brings with it wisdom and a keener sense of what truly matters. At the Novak Team, we understand that your housing preferences have evolved since your 20s and 30s. One-level living becomes an appealing proposition, with ramblers that minimize stairs and maximize comfort. Homes that cater to your present lifestyle can seamlessly transition to support your future needs.
Our team's extensive knowledge of the Everett area empowers us to match you with homes that align with your activity level and aspirations. Together, we'll identify the perfect layout that accommodates your needs today while remaining a source of delight for years to come.
Empowering Your Decision
Embracing the idea of homeownership after 50 might raise questions from well-meaning friends and family. However, the Novak Team encourages you to trust in the vitality of your vision. Countless individuals are living vibrant lives well into their 80s, 90s, and beyond, and your home could be a sanctuary that supports your journey.
Ultimately, your lifestyle, financial aspirations, and retirement plans shape the path you take. If you're eager to learn more, the Novak Team is your guide. Our expansive network of lenders specializing in senior homebuyers ensures you're equipped with the best resources to make your homeownership dreams a reality. Contact us today, and let's embark on this exciting adventure together. Your Everett oasis awaits!2023-08-16T12:22:25-07:002023-08-16T12:28:06-07:00Mike Novaktag:houseswa.com,2012-09-20:9849Add Up to 10% to Your Home's Value with These Landscaping Hacks<img src="https://assets.site-static.com/userfiles/696/image/landscaping.jpg" width="900" height="600" alt="6 Landscaping Hacks That Make a Difference" title="6 Landscaping Hacks That Make a Difference" style="margin: 11px;" />
Elevate Your Home's Curb Appeal: 6 Landscaping Hacks That Make a Difference
When it comes to selling a property, the first impression truly matters. In a world where attention spans are shorter than ever, potential buyers often form their opinions within seconds of viewing a home's listing. This is why paying careful attention to your landscaping and curb appeal is not just important – it's essential. The exterior of your home, particularly the front yard, acts as a preview of what's to come inside. In this blog post, we'll delve into six serious landscaping and curb appeal hacks that can transform the way people perceive your home.
1. Illuminating Ambiance: Light It Up
Outdoor lighting has emerged as a highly sought-after feature for homebuyers, with studies showing that 41% of buyers consider it an essential part of curb appeal. Strategically placed lights can work wonders in enhancing the visual appeal of your property. Illuminate walkways, stairs, and key architectural elements to create a warm and inviting ambiance, even after the sun sets. Options abound, from solar-powered lights that minimize energy consumption to electrical and battery-operated choices. By thoughtfully incorporating outdoor lighting, you're not only enhancing your home's aesthetic but also providing a sense of security and charm.
2. Nurturing Your Lawn: Nitrogen Boost
If your lawn is in need of a quick and vibrant transformation, consider giving it a dose of nitrogen. Nitrogen-rich fertilizers provide the essential nutrients and chemicals required to promote lush green growth, making your lawn an inviting canvas for potential buyers. A rich, green lawn has an undeniable visual impact, instantly signaling that your property is well-maintained and cared for.
3. Mulch Magic: Instant Elegance
Mulch is a versatile tool that can swiftly elevate your front yard's appearance. Opt for brightly colored mulch to encircle plants and trees, and create a neat border along the lawn. The addition of mulch not only enhances the aesthetics but also contributes to soil moisture retention, weed suppression, and overall plant health. This simple yet effective touch demonstrates a commitment to detail that buyers are sure to notice.
4. Revitalizing Pressure Wash
Over time, exterior surfaces such as fences, walkways, stairs, and driveways can accumulate dirt, grime, and weathering. Give these hardscape areas a fresh lease on life by employing pressure washing. This quick and effective technique can dramatically improve the appearance of these elements, making them look cleaner and newer. The crisp, clean look will undoubtedly leave a lasting impression on potential buyers.
<img src="https://assets.site-static.com/userfiles/696/image/Taming_Trees_Trim_with_Precision.jpg" width="900" height="500" alt="Taming Trees Trim with Precision" title="Taming Trees Trim with Precision" />
5. Taming Trees: Trim with Precision
Landscaping should complement your home, not overpower it. Overgrown trees and bushes can overshadow the beauty of your property's architecture. Ensure that no foliage touches the siding of your house or hangs over walkways and stairs. Pruned and well-maintained trees not only add to the overall appeal but also provide a sense of order and cleanliness.
6. The Art of Simplicity: Less Is More
In landscaping, as in design, the principle of "less is more" often holds true. A cluttered and overly intricate landscape can be overwhelming, giving the impression of high maintenance. Instead, opt for a simpler approach. Embrace seasonal colors and choose low-maintenance plants and trees. Keep your lawn well-mowed, trimmed, and edged to create a clean and visually pleasing look that exudes elegance without being overly complicated. Related: <a href="https://firstfruitslandscaping.com/" target="_blank">Contact a Local Landscape Designer</a>!
<img src="https://assets.site-static.com/userfiles/696/image/landscaping_hacks.jpg" width="900" height="500" alt="These Landscaping Hacks" title="These Landscaping Hacks" style="margin: 11px;" />
In Closing
Your home's exterior sets the stage for what lies within. By investing time and effort into enhancing your landscaping and curb appeal, you're not only enticing potential buyers but also showcasing the care and attention you've put into maintaining your property.
These six landscaping hacks are more than just cosmetic enhancements; they're investments that can yield substantial returns in terms of buyer interest and ultimately, the successful sale of your home. Impress from the outside, and buyers will undoubtedly be eager to explore the treasures that await within.
If you're seeking more guidance on selling and staging or are interested in the <a href="https://www.houseswa.com/everett/">Everett real estate</a> market or Snohomish County, don't hesitate to reach out. Your journey to a stunningly appealing home begins with these transformative landscaping techniques.2023-08-14T11:07:00-07:002023-08-16T12:22:18-07:00Mike Novaktag:houseswa.com,2012-09-20:9709How to Really Finance Your Dream HomeYou've put in your time in a <a href="https://www.houseswa.com/everett/townhomes-for-sale/">small townhouse</a>, smaller home or <a href="https://www.houseswa.com/everett/condos-for-sale/">condo</a> and built up some equity but now you'd like to make that dream home a reality! How can you go about financing the home so you get what you want and still stay on budget?
What do you really want?<img src="https://assets.site-static.com/userfiles/696/image/How_to_Really_Finance_Your_Dream_Home_.jpg" width="444" height="666" alt="How to Really Finance Your Dream Home " title="How to Really Finance Your Dream Home " style="float: right; margin: 11px;" />
For starters, you want to set realistic goals about the house you're looking for. These are basic and broad goals such as do you want to live in a certain school district? Do you need a certain amount of square footage? How many bedrooms and bathrooms do you need? What type of neighborhood do you want to live in? These are large, broad requirements for your dream home. From there, you can narrow things down to certain details that you really love such as, large kitchen, updated bathrooms? Large backyard, mature landscaping, fenced yard, and any other little details you may want in a particular property.
Keep your broad, large items at the top of your focus and then narrow the homes down to items you love within those particular homes. From there, you can determine what you really want, what you can really afford, and if you're ready to make the move to a dream home.
Do you need a bigger loan?
When it comes to financing a large purchase you may need a jumbo loan. Depending on how much equity you've built in your current home will determine how much down payment you can make on your next home. If you're currently renting, you'll need to come up with a certain amount of down payment. Speak to your lender about the exact figures you'll need in order to qualify for your dream home.
Other items you'll need when it comes to financing a large loan is secure information. Your credit report will be one of the most important pieces of information that will get you either the home you want or rejected. You can request your own credit history for one of the three major credit bureaus in the United States: Equifax, Experian, and Trans Union. Typically getting one report should have every piece of information you need to verify your credit history, score and to correct any mistakes or errors.
Determine whether you want to buy your dream home or build a home.
In the Pacific Northwest, there are many new subdivisions and communities popping up all over the place in places like <a href="https://www.houseswa.com/Everett/">Everett</a>, <a href="https://www.houseswa.com/Lynnwood/">Lynnwood</a> and <a href="https://www.houseswa.com/Mukilteo/">Mukilteo</a>. Are you considering buying an existing home, putting the final touches on a custom built home or building a home from the ground up on your own land? Financing changes for each one of these situations so you'll need to <a href="https://www.houseswa.com/thinking-about-buying/">talk to your lender about your plans</a> and <a href="https://www.houseswa.com/about/">your real estate agent</a> about what you're looking for to find you the right home in the right lending program for your needs.
Determine your financial limit.
What you might think is your financial limit, lenders may disagree. Lenders will take into account all of your assets, liabilities, debts and income to determine a comfortable amount that can go towards financing each month. Typically no more than 30% to 35% of your income should go towards your housing payment each month. There are different programs and plans that may allow for more but remember, putting too much strain on your finances means that you won't have any money for those emergency issues that may arise as a homeowner.
Perhaps you're in a similar boat to a lot of people; you already own a home but if the right dream home comes along you would consider selling and moving. To prepare yourself for the situation it's important to have some reserve funds set aside for the down payment, earnest money deposit, and home inspection. You'll be ready if the right home becomes available and you already have done your financial homework necessary to afford the home.
Start first by talking to a real estate agent about your needs. I can set you up with an <a href="https://www.houseswa.com/property-search/property-tracker/">alert system that sends you an email</a> when a home that meets your search criteria and price becomes available. Secondly, speak to a lender about your credit history and your chance of getting a loan for the type of home you want. They can set you up to be in a good position, ready to make an offer, complete with a pre-approval letter that can be updated monthly if necessary.
Give us a call today and let's find your ultimate dream home!2023-07-19T08:02:40-07:002023-07-19T08:08:20-07:00Mike Novaktag:houseswa.com,2012-09-20:9635Most Common Items Homebuyers NegotiateWhen embarking on the journey of <a href="https://www.houseswa.com/buyers/" target="_blank">purchasing a home</a>, prospective buyers often find themselves immersed in a complex web of negotiations that hold the potential to profoundly impact their financial investment and overall homeownership experience. These negotiations revolve around a myriad of crucial factors that encompass not only the purchase price but also the intricate details of closing costs and the current state of the property itself.<img src="https://assets.site-static.com/userfiles/696/image/Most_Common_Items_Homebuyers_Negotiate.jpg" width="450" height="320" alt="Most Common Items Homebuyers Negotiate" title="Most Common Items Homebuyers Negotiate" style="float: right; margin: 11px;" />
Homebuyers, armed with their unique set of preferences and objectives, actively engage in negotiations to shape the deal in their favor and ensure a seamless transition into their new abode. In this article, we have explored some of the most prevalent items that frequently become the subjects of negotiation between buyers and sellers throughout the intricate homebuying process.
Most Common Items Homebuyers Negotiate
Purchase Price
Negotiating the purchase price is a standard practice in real estate transactions. Buyers may submit an offer below the asking price, and sellers may counter with a higher price. The final purchase price is typically reached through a negotiation process.
Repairs and Maintenance
After a home inspection, buyers often negotiate repairs or request credits from the seller to cover the cost of necessary repairs. This negotiation can involve addressing issues like plumbing problems, electrical issues, roof repairs, or other structural concerns.
Closing Costs
Closing costs include various fees associated with the purchase of a home, such as lender fees, title insurance, appraisal fees, and more. Buyers may negotiate with sellers to cover some or all of these costs, reducing the financial burden on the buyer.
Home Warranty
Buyers may negotiate with sellers to provide a home warranty, which offers protection against certain repairs or replacements of home systems and appliances for a specified period. This can give buyers peace of mind and potentially save them money on unexpected repairs.
Personal Property
Negotiations may involve items such as appliances, furniture, or fixtures that are not typically included in the sale of the home. Buyers may request certain items to be included in the purchase or negotiate their removal if they do not want them.
Closing Date
Sometimes buyers need a specific closing date due to personal circumstances or the timing of their current living situation. Negotiating the closing date can help align the buyer's needs with the seller's timeline.
Contingencies
Contingencies are conditions that must be met for the sale to proceed. Common contingencies include financing contingencies (ensuring the buyer obtains a mortgage) and home inspection contingencies (allowing the buyer to back out if significant issues are found during inspection). Negotiating the terms of these contingencies can provide flexibility and protection for the buyer.
In Conclusion
The process of purchasing a home involves a multitude of negotiations that significantly impact the overall outcome for buyers. From the purchase price to repairs, closing costs, warranties, personal property, closing dates, and contingencies, each aspect presents an opportunity for buyers to shape the transaction to their advantage. By skillfully navigating these negotiations, buyers can secure a favorable deal that aligns with their financial goals, preferences, and personal circumstances.
If you're seeking comprehensive information about the <a href="https://www.houseswa.com/everett/" target="_blank">real estate market in Everett</a>, we encourage you to reach out to our dedicated team. With our extensive knowledge and expertise in Everett real estate landscape, we are well-equipped to provide you with in-depth insights and assist you in making informed decisions. Whether you're interested in residential properties, commercial investments, or vacation homes in Everett, our team is ready to address all your queries and guide you through the process. Feel free to <a href="https://www.houseswa.com/contact/" target="_blank">contact us</a> at your convenience to explore the exciting opportunities that <a href="https://www.houseswa.com/everett/">Everett's real estate market</a> has to offer.2023-07-07T10:55:36-07:002023-07-07T15:05:48-07:00Mike Novaktag:houseswa.com,2012-09-20:9506Is It Worth it to Purchase a Green Home in Washington?<img src="https://assets.site-static.com/userfiles/696/image/Is_It_Worth_it_to_Purchase_a_Green_Home_in_Washington.jpg" width="900" height="507" alt="Is It Worth it to Purchase a Green Home in Washington" title="Is It Worth it to Purchase a Green Home in Washington" style="margin: 1px 11px;" />
The popularity of energy-efficient homes has been on the rise for several years now. Many Washington homebuyers have been searching for energy-efficient properties. If you are considering purchasing a home in western Washington you may be wondering too if it is worth considering purchasing an energy-efficient home.
What is a "Green Home"
A "green" home, also known as an eco-friendly or sustainable home, is a residential building designed and constructed to have minimal negative impact on the environment and maximum energy efficiency. Green homes aim to reduce energy consumption, minimize waste, and utilize renewable resources whenever possible. Here are some key features and principles typically associated with green homes:
Energy efficiency: Green homes employ various strategies to reduce energy consumption, such as effective insulation, high-performance windows, energy-efficient appliances, and LED lighting. They may also incorporate renewable energy sources like solar panels or wind turbines to generate clean energy on-site.
Water conservation: These homes often incorporate water-saving fixtures, such as low-flow toilets and showerheads, as well as efficient irrigation systems for landscaping. Rainwater harvesting systems may be implemented to collect and reuse rainwater for non-potable purposes like irrigation or toilet flushing.
Sustainable materials: Green homes prioritize the use of sustainable and environmentally friendly building materials. This may include materials with low embodied energy, like bamboo or reclaimed wood, as well as recycled or recyclable materials. The goal is to reduce the environmental impact of the construction process and promote the use of renewable resources.
Indoor air quality: Green homes focus on providing excellent indoor air quality for occupants. This involves using non-toxic paints, finishes, and adhesives, as well as proper ventilation systems to minimize indoor air pollutants. Additionally, incorporating ample natural lighting and introducing plants can improve air quality and enhance the overall comfort of the residents.
Waste reduction and recycling: Green homes aim to minimize waste during construction and encourage recycling practices. This can involve utilizing construction techniques that generate less waste, promoting recycling of materials, and incorporating designated areas for waste sorting and composting.
Passive design strategies: Passive design principles are utilized to optimize the home's natural heating, cooling, and lighting. This may include features like strategic window placement for daylighting and natural ventilation, as well as shading elements to reduce heat gain in warm climates and maximize solar gain in colder climates.
Sustainable landscaping: Green homes often extend their eco-friendly practices to the surrounding landscape. This may involve utilizing native plants that require less water and maintenance, installing efficient irrigation systems, and incorporating permeable surfaces to reduce stormwater runoff.
Reasons to Consider the Purchase of an Energy-Efficient Home
The cost of energy to run a home has increased in the last year
Overall <a href="https://www.bloomberg.com/news/articles/2022-09-13/us-electricity-prices-rise-most-in-41-years-as-inflation-endures?leadSource=uverify%20wall" target="_blank" rel="noopener">across the country energy prices have risen</a> 41.6% which is quite a significant increase. The cost of electricity has risen 13.7% on average across the nation. The average national natural gas prices have shown to have increased by 38.4%.
Energy-efficient homes have been shown to use significantly less and save homeowners money
Finding a home with energy-efficient features is not just a nice added feature. Some homes have been shown to <a href="https://reviewed.usatoday.com/home-outdoors/features/ways-to-lower-electric-bill" target="_blank" rel="noopener">save homeowners a significant amount of money on the costs of their utility bills</a>. In some cases, homeowners with the most energy-saving features have saved half or more on their energy costs.
Adding energy-efficient features can save at tax time
If you do not have energy-efficient features in your home and add them in <a href="https://www.energystar.gov/about/federal_tax_credits" target="_blank" rel="noopener">there can be some significant tax credit benefits.</a> It is worth looking into the benefit of installing items like solar panels and heat pumps as well as battery storage. Adding these features could be a significant tax benefit as well as help to save money on your energy bills.
What to look for in an energy-efficient home
<a href="https://www.sealed.com/resources/energy-efficient-home-improvements/" target="_blank" rel="noopener">Some energy-efficient features are more helpful than others</a>. When it comes to looking for energy-efficient features in a home that will truly help you to save money on energy bills you want to look for the features that will help to conserve the largest amount of energy.
These features include smart thermostats, efficient air conditioners, insulated windows, whole-house fans, and radiant barriers. These are the green features within homes that make the biggest impact on energy consumption within a residential home.
<a href="https://www.houseswa.com/everett/">Finding a home in Everett </a>or anywhere in Western Washington with energy-efficient features can be truly beneficial. It is a good idea to <a href="https://www.houseswa.com/about/">talk over with a local real estate agent your homebuying goals</a> to help find a home that meets your wants and your needs. It can be worth the extra home value to purchase a home with these features as the cost of energy increases.
2023-06-09T07:42:49-07:002023-06-09T07:56:37-07:00Mike Novaktag:houseswa.com,2012-09-20:3997Snohomish County Real Estate Market Report for July 2020
Snohomish County Real Estate Market Report for July 2020 [Video]
We’re now about four months into COVID and we have a pretty good idea of what's going on, and I've got some pretty good data that you're going to want to make sure you see. Watch until the end and I'll share with you a few mistakes we're seeing a lot of buyers and sellers making right now. So, if you're thinking about buying or selling, you can avoid making those mistakes as well.<br /> <br /> First of all, where's our sales price at? We're at $550,000. It's our average sale price in Snohomish County for residential real estate. That's an increase of about 4% year over year. It's pretty normal increase, but that has not gone down, which is kind of the big thing. What does that tell you? Well, it tells you the market's pretty stable right now, even with a pandemic going on. It also tells you that if you're looking in the high 300s or low 400s, you're going to have a very difficult time finding a home. It's just so far below what our average price point is right here in Snohomish County.<br /> <br /> Second of all, new listings. We're down about 8% on new listings, and there's a reason why. The reason why we're down on new listings is because sellers have hunkered down a little bit with COVID going on. A lot of people have sheltered in place, they spend a lot more time at home, they've decided not to list their home until this passes, so it's resulted in our inventory level going down and less new listings coming on.<br /> <br /> Homes for sale
They're down 24%, an eye-popping number. There's way less homes for sale than there was one year ago today. There's a lot less options to look at out there. The reason why, like I said, less sellers listing and still just as many or more buyers because of lower interest rates out there buying homes right now.<br /> <br /> <br /> Days on market<br /><br />How long does it take to sell a home from the day it goes on the market until the day gets an offer accepted? We're at an average of around 28 days, which is a decrease of about 6% year over year. So that means homes are selling a little bit faster than they were a year ago right now, even in the middle of the pandemic. I know it's crazy, but in the really low price ranges, 450 and less, homes are selling in one day or two day. Super fast if they've been priced right and if they're in a good location.
<br /> Months of inventory supply
This is kind of the leading indicator I always look at, and this means how many months would it take to sell every home that's on the market right now if no other homes came on. A neutral market is going to be about a six-month inventory supply. We're at 1.3 months of inventory supply right now. So definitely still a seller's market. It's going to take us a long time to even get back to a neutral market with where inventory levels at. That's a decrease of about 27% year over year. Shocking numbers, I know.<br /> <br /> If you look at the news right now, you're hearing one story. If you look at the actual data in Snohomish County, it's totally different. There's a huge contrast happening, but you have to look at the data to know what's going on.<br /> <br /> Some other market dynamics, I just want to share with you. First of all, like I said, the buyer demand has remained extremely strong. This is fueled by low interest rates and high rental costs. It's expensive to rent a house here, so a lot of people can buy a home for the same monthly payment as renting. The other dynamic we're seeing is with new construction. New construction is making up a lot of our sales right now, but new construction is so far out. A lot of new construction is now being completed in October, November, even December, and it's July right now, so just kind of keep that in mind. If you're thinking about buying new construction, be thinking it could be November, December before you could move into your home and plan accordingly for that.<br /> <br /> And then I promised you I would share with you a couple of mistakes we're seeing right now. The biggest one, and I say this all the time and now it's more important than ever, is you have to take the time to develop a plan before you start running around looking at homes. What does this mean? It means do a buyer consultation. Sit down with your agent. Make sure that you understand the steps to buying a home. Make sure you understand our market conditions and make sure you've identified exactly what you're looking for in a home. You're going to have a way better home buying experience.<br /> <br /> The other thing, the big mistake we're seeing is people need to buy and sell at the same time. They're not really thinking through their strategy. They're just getting out there and looking at homes. Huge mistake. You have to think about your current home and how that's going to affect your ability to buy a house.<br /> <br /> If you've got any questions about these strategies, if you would like to have a buyer consultation with me direct, send me a direct message or you can text me at the number on the screen.2020-07-29T15:52:00-07:002024-01-15T14:47:27-07:00Mike Novaktag:houseswa.com,2012-09-20:3880Snohomish County Real Estate Market Report for June 2020
Snohomish County Real Estate Market Report for June 2020 [Video]
Today, I'm bringing you our June Market Report for Snohomish County. What are the three biggest mistakes we are seeing buyers make in this market?
Let's jump right into the data and see what is REALLY going on:
Sales price in Snohomish County the average worth is $547,000 for the average sales price for residential real estate. That is an increase of about 3% year over year.
Days on market. How long does it take to sell a home from when it comes on the market to when it goes under contract? This is heavily price dependent. Below about $425,000, homes are going to sell in a few days, maybe between three and seven days. Above $425,000, it's going to be more in that 30-60 day range depending on how aggressively the home has been priced and what the condition and location of that home are.
Months of inventory supply: So how long would it take to sell every home that is on the market right now if no other homes came on the market? We're at a 1.4 month inventory supply level, which is about 15% lower than last year at this same time. Remember, we are always looking at year over year stats and not month over month because of the seasonality effect of real estate.
What does that mean?
Be prepared when shopping! With current listing inventory, we are seeing multiple offer situations and escalations taking place. Make sure when the house you want comes on the market, that you are ready! Make sure you are preapproved and underwritten; this strengthens your offer a great deal!
Top 3 mistakes buyers are making right now:
1. Skipping over buyer consultation
Get a game plan and strategy together
Identify what you need
Be in a position to buy when you find the perfect home
2. Waiting for the perfect home before you list
This could be a mistake, especially if you are a contingent buyer.
3. Waiting for the perfect home before you buy
Don’t wait to start the process until you find the perfect home. Start when you think you’re ready and then be in a strong position when the perfect home comes around. Stay ahead of the game!
Whatever happens, make sure you stay up to date, safe and request a free market analysis for your home! Also, if you’re interested in finding a Snohomish County home, check out some of our <a href="https://www.houseswa.com/blog/category/buying-a-home/" target="_blank">videos for home buyers </a>as well as tips on <a href="https://www.houseswa.com/blog/category/selling-your-home/" target="_blank">selling your Snohomish County home</a>.2020-07-01T15:37:00-07:002024-01-15T14:48:09-07:00Mike Novaktag:houseswa.com,2012-09-20:3667 Snohomish County Real Estate Market Report for May 2020
Snohomish County Real Estate Market Report for May 2020 [Video]
Today, I'm bringing you our May Market Report for Snohomish County. What are the effects of COVID 19 on oiuor local housing market? Our first real look at the data since the COVID 19 virus took over and our shelter in place orders went into effect.
Are the prices really dropping?
Will the market plummet?
Is the news accurately describing what is happening locally?
Let's jump right into the data and see what is REALLY going on:
Sales price in Snohomish County the average worth is $540,000 for the average sales price for residential real estate. That's an increase of about 3% year over year.
Days on market. How long does it take to sell a home from when it comes on the market to when it goes under contract? This is heavily price dependent. Below about $425,000, homes are going to sell in a few days, maybe between three and seven days. Above $425,000, it's going to be more in that 30-60 day range depending on how aggressively the home has been priced and what the condition and location of that home are.
Months of inventory supply: So how long would it take to sell every home that's on the market right now if no other homes came on the market? We're at a 1.4 month inventory supply level, which is about 16% lower than last year at this same time. Remember, we're always looking at year over year stats and not month over month because of the seasonality effect of real estate.
Coronavirus: We are in the epicenter, along with King County, of this whole thing. We are seeing fewer showings on listings, however the buyers who are out shopping are serious, high quality buyers. We are also seeing agents switch over to virtual home buying. For the past several years, we have helped many buyers purchase homes without ever leaving the comfort of their current home. Check out how we are doing <a href="https://snocoliving.com/virtual-home-buying" target="_blank">virtual home buying!</a>
What does that mean?
It just means that, historically speaking, we're still really in a seller's market and in particular in those lower price ranges. It also means, as a buyer, you need to be ready when the home of your dreams comes on the market. Work on getting preapproved and underwritten. This shows sellers that you are a quality buyer! What it means for sellers- showings are going to be much lower, but that doesn't mean people aren't out shopping and the buyer's we are seeing are serious!
Whatever happens, make sure you stay up to date, safe and request a free market analysis for your home! Also, if you’re interested in finding a Snohomish County home, check out some of our <a href="https://www.houseswa.com/blog/category/buying-a-home/" target="_blank">videos for home buyers </a>as well as tips on <a href="https://www.houseswa.com/blog/category/selling-your-home/" target="_blank">selling your Snohomish County home</a>.2020-05-12T13:54:00-07:002024-01-15T14:48:48-07:00Mike Novaktag:houseswa.com,2012-09-20:3420Snohomish County Real Estate Market Report for April 2020
Snohomish County Real Estate Market Report for April 2020 [Video]
Today, I'm bringing you our April Market Report for Snohomish County. At the end of this video, I’m sharing with you how we are handling the concerns in our community.
But first of all, let's jump right into the data:
Sales price in Snohomish County worth $540,000 for the average sales price for residential real estate. That's an increase of about 2.4% year over year. Gone are those 10, 11, 12% increases that we're seeing in 2016 and '17. 2% is a very good number. It's very normal. Historically speaking, that's a great number to be seeing and we're very pleased with that number. That's the average sales price.
Days on market. How long does it take to sell a home from when it comes on the market to when it goes under contract? This is heavily price dependent. Below about $425,000, homes are going to sell in a few days, maybe between three and seven days. Above $425,000, it's going to be more in that 30-60 day range depending on how aggressively the home has been priced and what the condition and location of that home are.
Months of inventory supply: So how long would it take to sell every home that's on the market right now if no other homes came on the market? We're at a 1.9 month inventory supply level, which is about 14% lower than last year at this same time. Remember, we're always looking at year over year stats and not month over month because of the seasonality effect of real estate.
Coronavirus: We are in the epicenter, along with King County, of this whole thing. We are seeing fewer showings on listings, however the buyers who are out shopping are serious, high quality buyers. We are also seeing agents switch over to virtual home buying. For the past several years, we have helped many buyers purchase homes without ever leaving the comfort of their current home. Check out how we are doing <a href="https://snocoliving.com/virtual-home-buying" target="_blank">virtual home buying!</a>
What does that mean?
It just means that, historically speaking, we're still really in a seller's market and in particular in those lower price ranges. It also means, as a buyer, you need to be ready when the home of your dreams comes on the market. Work on getting preapproved and underwritten. This shows sellers that you are a quality buyer! What it means for sellers- showings are going to be much lower, but that doesn't mean people aren't out shopping and the buyer's we are seeing are serious!
Whatever happens, make sure you stay up to date, safe and request a free market analysis for your home! Also, if you’re interested in finding a Snohomish County home, check out some of our <a href="https://www.houseswa.com/blog/category/buying-a-home/" target="_blank">videos for home buyers </a>as well as tips on <a href="https://www.houseswa.com/blog/category/selling-your-home/" target="_blank">selling your Snohomish County home</a>.2020-04-09T10:27:00-07:002024-01-15T14:49:38-07:00Mike Novaktag:houseswa.com,2012-09-20:3042Snohomish County Real Estate Market Report for March 2020
Snohomish County Real Estate Market Report for March 2020 [Video]
Today, I'm bringing you our March Market Report for Snohomish County. At the end of this video, I’m sharing with you how we are handling the concerns in our community as well as how mortgage rates are affecting your purchase power.
But first of all, let's jump right into the data:
Sales price in Snohomish County worth $540,000 for the average sales price for residential real estate. That's an increase of about 2.4% year over year. Gone are those 10, 11, 12% increases that we're seeing in 2016 and '17. 2% is a very good number. It's very normal. Historically speaking, that's a great number to be seeing and we're very pleased with that number. That's the average sales price.
Days on market. How long does it take to sell a home from when it comes on the market to when it goes under contract? This is heavily priced dependent. Below about $425,000, homes are going to sell in a few days, maybe between three and seven days. Above $425,000, it's going to be more in that 30-60 day range depending on how aggressively the home has been priced and what the condition and location of that home are.
Months of inventory supply: So how long would it take to sell every home that's on the market right now if no other homes came on the market? We're at a 1.5 month inventory supply level, which is about 6% lower than last year at this same time. Remember, we're always looking at year over year stats and not month over month because of the seasonality effect of real estate.
Coronavirus: We are in the epicenter, along with King County of this whole thing. It hasn’t really affected our market yet, but it is something we are watching. We urge you to not panic and make sure you are taking the necessary precautions to keep you and your household safe. Right now, open houses are postponed, and we are seeing agents do virtual opens! This is a great alternative to a live open, you can still see the house and ask questions real time!
Mortgage Rates: We are at historically low rates. We are seeing them as low as high 2’s! If you have a mortgage that’s above 4%, reach out to us today and let’s get your refinanced!
What does that mean?
It just means that, historically speaking, we're still really in a seller's market and in particular in those lower price ranges. It also means, as a buyer, you have more purchase power as much as 40-50k! What is means for sellers- there are more buyers that can afford to buy your home. It’s great to see how this is benefiting both our buyers and sellers.
Whatever happens, make sure you stay up to date, safe and request a free market analysis for your home! Also, if you’re interested in finding a Snohomish County home, check out some of our <a href="https://www.houseswa.com/blog/category/buying-a-home/" target="_blank">videos for home buyers </a>as well as tips on <a href="https://www.houseswa.com/blog/category/selling-your-home/" target="_blank">selling your Snohomish County home</a>.2020-03-17T08:40:00-07:002024-01-15T14:50:30-07:00Mike Novaktag:houseswa.com,2012-09-20:29585 Tips to Buying Construction
Buying new construction.<br /><br />With our market having record low inventories many buyers, and maybe you, are looking to possibly buy new construction. It can be a great option, but with that there's a few things you want to make sure you know. So, I'm going to share with you five tips to buying new construction to make sure you have an awesome experience when you are ready to buy.
<br /><br />1. Get insider knowledge
First of all, don't go just running around looking at different builders' communities. When you think that you might be ready to buy new construction meet with your agent and get their insider information on the different builders that are in our area. There's local builders, there's regional builders, and of course there's national builders, as well. You want to know the insider information from your agent on what it's like to buy a home from these builders, and what their past client experiences have been. When you go to a builder's community and development, the builder will have real estate agents there that represent those people to talk to you. So, you're talking to the seller's agent in this case, and you don't want to do that. You want to make sure that you bring your agent with you when you go to where the community is, and that you sit down to get a kind of an overview of the different builders and the areas that they're building in right now with your agent before you even start looking. So, that's tip number one.
<br /><br />2. Get preapproved with their lender
Tip number two, expect to have to get preapproved with the builder's lender. They all have lenders that they work really closely with. They want to make sure that when you're preapproved that it's actually going to close, and you can expect them to require you to get preapproved with their lender even if you've already been preapproved. So just be ready for that hoop to jump through. It's not a big deal. It's just something you want to be aware of. You don't have to use their lender, you just have to get preapproved by their lender.
<br /><br />3. Builder contracts are different
Tip three, the builder contracts are different, in most cases, than a typical resale contract so that it's going to be a builder's contract. It's typically very much in favor of the builder, just so you know that. It's not really a neutral contract like a typical purchase and sale agreement, it's heavily in favor of the builder. It's going to have things like deadline dates, when the home's going to be done, the penalty if you don't close on time, things like that. So, make sure you review that very carefully with your real estate agent. Go back to tip one. This is why you have an agent representing you and not the builder. They're looking out for your interest. They need to explain to you the contract that you're going to be signing.
<br /><br />4. Understand the warranty, and warranty requirements
Tip number four, make sure you understand the warranty, and the warranty requirements, on the construction you're building. Every builder has different warranties. Some of them have amazing warranty reputations. Some of them have less than amazing reputations when it comes to their warranty. Ask your agent what their track record is with the warranties that they've seen with other clients and then also, of course, ask the builder when you get ready to go under contract. Make sure you know what the requirements are to sustain that warranty, as well. Sometimes there's going to be a 90-day or a six-month walk through that they have to do in order for you to still have the validity to that warranty.
<br /><br />5. Understand contingent purchase expectations
Tip number five is if you are buying and selling at the same time you're a contingent buyer. You need to make sure you understand exactly what the builder's going to be looking for. You can buy a new construction home contingent in most cases. It's totally up to the builder, of course, because they are the seller. They just want to make sure that you're going to get your home on the market quickly, generally within five days, and that you're going to be listing your house with an experienced listing agent. They want to make sure that that agent's going to have a track record getting your home sold. They're going to be able to manage the process for you. So, they're going to really want to vet your house, and the agent you list with.
So, there's my five tips for you on buying new construction. If you want my own personal insights on the different builders in this area, I know all the builders really, really well. I've got some great relationships with them. I'm happy to give you my insider tips. Just send me a message!2020-02-29T15:28:00-07:002020-03-01T06:07:12-07:00Mike Novaktag:houseswa.com,2012-09-20:29223 Ways to Buy and Sell a House at The Same Time
How to buy and sell at the same time in this crazy competitive market.<br /><br />Today I'm going to share with you three different strategies you can use today to buy and sell at the same time.
Let's start with the problem.
The problem is you own a home right now and you want to buy a new home and you can't have two mortgages at the same time, if you're like most of us. It throws your debt to income ratios out of whack and it won't fly with the lender. How do you sell that home and move into the next home? Here's three different ways you can do it and at the end, I'll share with you the way that we always coach our clients to do it right now in this super competitive market that we're finding ourselves in.<br /><br />1. List your home and move somewhere else
The first way you can do it is you can list your home and move somewhere else until you find the new home. That means you just put your home on the market right now. When the home sells, you're going to move out and you're going to go live with family, maybe go get a short term rental or whatever else you want to do until you have time to go find the new property. The pros of this is it's very easy to execute. You can get your home on the market quickly. You don't really have to be stressed out about finding another home. You don't have to be a contingent buyer, but the cons of it are is that you have to move twice, which is not super fun for most people and you have to find a short term rental, which can be very, very difficult. One of the mistakes I see people make frequently with this strategy is they go rent for six to 12 months and they no longer are getting the benefit of the appreciation of their old home while the rest of the market keeps going up. So they're kind of losing their purchase power as they're sitting there on the sidelines as a renter. So that's strategy number one.
2. Wait to list until you find a home
Strategy number two, wait to list until you find a home. This is called a contingent buyer in real estate and this traditionally is a very common way to buy and sell at the same time. It is however problematic and challenging in our market right now simply because if there's eight to 10 offers on a home and one of those offers is contingent, generally that offer is going to get pushed aside simply because the seller doesn't want to deal with you having to sell your home. It's an additional risk. It takes additional time. It's just a big unknown and so if they don't have to inherit that risk and that liability, they're just not going to do it. They're going to pick a non-contingent offer all day long. There are markets where this works while at, it's just not our market right now. So that's strategy number two.
3. List your home right now
The third and final strategy I want to share with you is, you can list your home right now and you can go find a home as soon as your home goes under contract. That is what I would say is the best strategy right now in this competitive market. It allows you to have a lot more purchase power when you are offering on a home simply because the risk of your home selling is already mostly mitigated. Your home's under contract. Hopefully it's through the inspection. At that point, the seller's risk on the home you're offering on is much, much lower.<br /><br />What we do
What we will do for our clients and what I always suggest doing is negotiating what we call a rent back in real estate. That means after you sell your home you can rent it back for one week, two weeks, three weeks while you're waiting to move into the next home or even have a little bit of overlap so you don't end up homeless and you have time to make that transition on your terms and at your pace. So I hope that that's helpful.
There's two other things, I just want to make sure that you're aware of and these are common mistakes I see sellers make:
First, make sure you get pre-approved as well. Don't forget that. While you're getting your home ready to go on the market, make sure you're getting pre-approved. I can connect you with a lender. Just reach out to me. I'll connect you to a local really great lender that you can work with that'll help you get that done in 24 hours or less.
Second thing is make sure you focus on your current home. It's a lot of fun to go look at houses, however, if you do not have a strategy for your current home and there's clutter all over the place, the home's not ready to go on the market and you're just looking at the next home, you're missing out because you have to have your home ready to go on the market within five days of an offer being accepted on another property. So make sure that you're really focusing and thinking about your current home before you run around and start looking at other homes.
If you've got questions, reach out to me direct.2020-02-24T16:36:00-07:002023-08-16T11:06:41-07:00Mike Novaktag:houseswa.com,2012-09-20:2866Snohomish County Real Estate Market Report for February 2020
Snohomish County Real Estate Market Report for February 2020 [Video]
What 's going on in our local market?
Each month, we conduct an in-depth analysis of market trends to help you make the best buying/selling decisions.<br /><br />Today, I'm bringing you our February Market Report for Snohomish County. At the end of this video, I'm sharing with you the top two mistakes both buyers and sellers make every day that you can easily avoid. I want to make sure that you don't make those same mistakes. Stay to the end of the video and I will share those two tips with you and those two mistakes we are seeing made a lot right now.
But first of all, let's jump right into the data:
Sales price in Snohomish County worth $540,000 for the average sales price for residential real estate. That's an increase of about 2% year over year. Gone are those 10, 11, 12% increases that we're seeing in 2016 and '17. 2% is a very good number. It's very normal. Historically speaking, that's a great number to be seeing and we're very pleased with that number. That's the average sales price.
The new listings are down about 3% year over year, so there's less new homes coming on the market than there was one year ago. The homes that are for sale on the market, there's about 5% less than there was a year ago, so there's less to look at.
Days on market. How long does it take to sell a home from when it comes on the market to when it goes under contract? This is heavily priced dependent. Below about $425,000, homes are going to sell in a few days, maybe between three and seven days. Above $425,000, it's going to be more in that 30-60 day range depending on how aggressively the home has been priced and what the condition and location of that home are.
Months of inventory supply: So how long would it take to sell every home that's on the market right now if no other homes came on the market? We're at a 1.5 month inventory supply level, which is the exact same as last year at this same time. Remember, we're always looking at year over year stats and not month over month because of the seasonality effect of real estate.
What does that mean?
It just means that, historically speaking, we're still really in a seller's market and in particular in those lower price ranges. Remember, most people think that a six-month inventory supply is considered a neutral market, so we're not even close to getting to that six-month range yet. It could take us a few years to get back to a number such as that.
Whatever happens, make sure you stay up to date and request a free market analysis for your home! Also, if you’re interested in finding a Snohomish County home, check out some of our <a href="https://www.houseswa.com/blog/category/buying-a-home/" target="_blank">videos for home buyers </a>as well as tips on <a href="https://www.houseswa.com/blog/category/selling-your-home/" target="_blank">selling your Snohomish County home</a>.2020-02-12T14:00:00-07:002024-01-15T14:51:06-07:00Mike Novaktag:houseswa.com,2012-09-20:2564#1 Mistake Home Buyers Make
Mistake: start running around looking at homes<br /><br />Why is this problematic?
No Preapproval
No gameplan
No discovery process
<br /><br />What to expect at a buyers consultation
Signficant investment of time upfront to make sure you know what to expect
In depth discussion identifying the "must-haves", and location specifics
Overview of the process from start to finish. About 25 steps in the buying process and we explain each of them
Recommendations on lenders
Strategy on how to transistion from where you are at now, to the next home (lease, need to sell, month to month etc).
<br /><br />Buying can be a lot of fun, or it can be stressful and unpleasant. The difference comes down to your planning.
Be sure your agent is investing time upfront so you feel fully prepared.
<a href="https://calendly.com/the-novak-team/buyer-consultation-mike-novak?month=2020-04" target="_blank">Click here</a> to schedule YOUR buyer consultation with us today!
2020-01-17T11:00:00-07:002024-01-18T11:47:49-07:00Mike Novaktag:houseswa.com,2012-09-20:2542#1 Mistake Sellers Make
I want to share with you the number one big mistake I'm seeing sellers make when they also need to purchase a home. The mistake they're making, and we see this almost every day: they focus on the next home and they don't think about their current house.<br /><br />Let's face it, looking at homes is fun. Looking online is fun. Touring homes is fun. Getting your home decluttered, getting it cleaned, and ready to go, it's not as fun. But here is why this matters. You can only bring your home to the market one time. How that home is presented to the market is super important for getting it sold for top dollar and as fast as possible.
So what we really want you to do is we want you to get your home completely ready to go before you start shopping for the next home. Because let's face it, homes in this market sell super fast and if your home is not ready to go and you have to sell that home before you close on the next home, you could be possibly losing thousands of dollars by not taking the time and developing a specific strategy and game plan to get your home ready before you start shopping for the next property.
So, I want to make sure that you know about the five day rule. This is very, very important. When you buy a home contingent on selling your current home, it's called a contingent transaction. You have five business days to get that current home on the market. Most of our sellers are actually planning their move three to six months before they're ready to get the home on. So, if you're trying to rush and get your home on the market in five days because you didn't develop a game plan or you didn't develop that specific strategy to help you move from point A to point B in that next home, then you're going to feel really rushed and possibly not bring that home to the market in the best possible way that it could be.
Again, you've got one chance to do that. I want to make sure your home is exposed to the market perfectly, the first time. So if you've got questions on how to buy and sell at the same time, reach out to me and I'd be happy to help you develop a specific game plan. But please, please, please start with focusing on your current home and make sure you have a strategy there.
Just as a side benefit, on our real estate team, what we do, we actually pay to have your house cleaned because what we've discovered is at the end of getting your home decluttered, it's no fun to go clean your house. The last thing we want to do is have your home go to the market dirty. So we'll take on that responsibility for you when we work with you and we will help you get your home clean.
If you've got questions, reach out to me direct.2020-01-14T09:00:00-07:002020-01-14T12:01:43-07:00Mike Novaktag:houseswa.com,2012-09-20:2515How to Buy a Home for $2000
Today I want to share with you the exact strategy, formula and blueprint that we used for over two dozen clients in the last year alone to help them get into a home for $2,000 or less.<br /><br />First of all, there are three big strategies we want to be talking about.
Zero download programs
The first one is the zero download programs. You're going to need to take advantage of those if you're trying to get into a home for $2,000 or less. There's three good programs out there that we like a lot. The VA program is awesome. There's no private mortgage insurance there, so if you're a veteran, that's definitely the place to look. There's also the USDA program, which is what we call the rural loan program. It's east of Highway 9 and north of Highway 2 to qualify for those outlying areas, but again, it's a great zero down loan program. Then we've got what we call the state bond program, which is ran by Washington state. They set the interest rate on that program, but it is a really good program. You're out of pocket. You need to make sure that you're using a zero down loan program.
Closing costs
The second strategy you need to be thinking about is your closing costs. Closing costs are going to be things like your prepaid taxes, interest, appraisals, credit reporting fees, mostly lending fees and prepaid things that you'd be incurring before you close on the property that'd be put in your escrow account. You need to have a strategy for that. There's two main strategies you can use.
The first one, if the home's been on the market for a while, you could ask the seller to give you a certain amount of dollars back in closing costs. Say for example, the home is $400,000. You ask them to give you $8,000 in closing costs. They're going to walk away with $8,000 less dollars. Every dollar they give you is a dollar less they have, but at the end of the day, then that just helped you get all of your closing costs covered.
We always tell our clients budget one and a half to 2% for closing costs. We always coach our clients, you're better off in most cases getting closing costs covered by the seller than you are getting dollars off. It costs the seller about the same or exactly the same, so you might as well take advantage of that. Saving $8,000 on the purchase price of a home doesn't save you a ton of money monthly, so think about the cash out-of-pocket there. The other thing that you can do is if the home is competitive and the seller won't give you dollars for your closing costs, which happens a lot in this market, in particular in the lower price points, you can increase the purchase price $1 for every dollar you want back.
Again, the example of the $400,000 house, let's say it's just been on the market for a day or two. The seller's not going to give you any money in closing costs. You could offer them $408,000 with $8,000 back in closing costs. They have now netted $400,000, which was their full price, and you're getting your closing costs rolled into your mortgage. That is strategy number two.
How to spend that $2,000
We started with zero down loan program. Then we talked about the closing costs. The third and final thing I want to share with you is how to spend that $2,000. There's two things you need to be thinking about. First is earnest money. Earnest money is required anytime you purchase a real estate or real property in Washington state. I would recommend $1,500 of the $200,000 to be spent for your earnest money. That's going to be held by the escrow company. It'll get rolled into your closing costs at closing or you'll just get it back if all your closing costs have been covered, but you have to have that $1,500 ready to go within two days of when you get an accepted contract.
What are you going to do with the other $500? You're going save it for your home inspection. We want you to still inspect the home you're going to buy. It's a big decision. Save that $500; pay the inspector so you know exactly what you're getting. Don't waive your inspection unless it's some very unique circumstance. If that unique circumstance does come up, really think through that carefully and talk with your agent about it. Boom, there you go, $2,000. You are in to a house. You've made that transition from renting to home ownership. You now have the benefit of appreciation of building your own equity, and of course the massive tax benefits as well.
If you're renting and your rent is over $2,000 a month, you want to look at these strategies. If you've got a 620 credit score, you're probably going to qualify for most of these loan programs. Get off the fence and stop being a renter and think about becoming a home owner. Again, this is the exact strategy and formula we used with over two dozen clients in the last year to help them make that transition from renting to owning. We'd be honored to help you do the same. Send us a message!2020-01-08T07:00:00-07:002020-01-16T04:01:22-07:00Mike Novaktag:houseswa.com,2012-09-20:2512Snohomish County Real Estate Market Report for January and 5 predictions for 2020
What happened in the last month in Snohomish County and where is the market at?
This is of course the question everyone's asking us right now, so let’s see some points and 5 predictions for the housing market in 2020:
The sales price
The number one data point that we look at each month, we're at $538,000 in Snohomish County, it's an increase of about 2% year over year. So gone are the days of the double digit increases. It's normalizing out to that historical average of two or 3%, it's very good. It's a strong number. It's not down, so that's a great sign for everyone that's owning a home right now or that's thinking about buying a home because the prices aren't continuing to just skyrocket.
The new listings
New listings are actually down about 2%, so there's less listings this time of year than there was at the same time last year. Just means there's less to look at. Homes for sale is dead flat, so there's about the same amount of properties that are on the market right now. Whereas the new listings are the ones that are coming on the market. Days on market, so how long does it take to sell a home when it first comes on the market to when they accept an offer? Right now we're on a 31 day average, so that's about an increase of 24% year over year. Meaning homes are sitting longer, especially about $500,000. If you've got a home that's in those higher price points, you can expect it to sit for 30 to 60 days, possibly. You want to make sure you price it right.
Move fast
In the $400,000 and less price point, we're seeing homes sell in a day or two and you got to move fast if you're in those price ranges. So the days on market really does depend on which price range you're buying in. And then the months of inventory supply. So if no more homes came on the market after today, how long would it take to sell every home that's currently on the market? We're about 1.6 months of inventory supply right now. It's an increase of 6% year over year. Remember, most economists agree that a six month inventory supply is a neutral market, so we're still heavily in favor of the seller, but it is changing in particular in those higher price points. In the lower price points, the inventory level is really, really, really low, as many of our clients have experienced in November and December.
5 predictions for the housing market in Snohomish and King County in 2020
This is hyperlocal that we're talking about right here, so it's important that I make sure you understand that.
The first one, first time home buyers will be out in force this year. There's a lot of first time home buyers, people in their 20's and early 30's that are tired of renting and they want to make home ownership happen.
The second one, high rents will push more people to purchase. A lot of people are paying 2000 to $2,500 a month in rent. If that is you, you definitely want to look at possibly buying a home. You can own a great home for $2,500 a month and those higher rents are pushing people into purchasing a home for sure.
The third prediction I've got for you is the zero down loan programs will continue to be leveraged. There's at least three different ways to buy a home with zero down. There's VA, there's state bond, there's USDA, all great different loan programs. These are really designed to help people get in a home for very little money out of pocket and to help make that transition from renting to home ownership. I predict that they're going to be heavily leveraged in 2020. These are great loan programs. Take advantage of them if you don't have a down payment saved up and don't wait to save that down payment to get into the market, home prices will just keep going up.
The fourth prediction I have for you is that multigenerational living will continue to increase as prices go higher. We're seeing more parents moving in with the kids so they can afford that six or $700,000 home instead of both of them going out and buying a $400,000 home. I predict that multigenerational living will continue to increase as the home prices go up. In particular in Seattle where the average price is above $800,000. It's very difficult to afford a home on your own. This is one of the ways that people are breaking those prices and splitting it kind of in half.
The fifth and final prediction I've got for you is that inventory will stay very, very low below $400,000. So above 400, I think it's going to keep increasing, but below 400 it's going to be really competitive out there. You've got to really have your ducks in a row if you're shopping in that price range, and I predict that for the rest of 2020 we will see historically low inventory levels in those lower price points. But again, in the higher price points, it's going to probably continue to climb.
<br />So those are my five predictions for you for 2020. We will see if they come true or not. If you've got questions about any of those predictions or about what is going on in our market or want to know what your current home's value might be right now, reach out to me. Send me a message or give me a text.2020-01-07T11:11:00-07:002024-01-15T14:51:21-07:00Mike Novaktag:houseswa.com,2012-09-20:2338Schedule a Free Buyers Phone Consultation<br /><br />Schedule Your Free Phone Buyer Consultation With Mike Novak Today
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Our team has a proven track record of helping both buyers and sellers achieve their goals
We can help you as a buyer, even if you don't have a down payment or don't have perfect credit
Our best clients meet with us 6-12 months in advance of making a move so they can develop a true strategy and game plan for their move
Watch the video below where we go over the three major phases of buying a home
Schedule Your Free Phone Buyer Consultation With Mike Novak Today2019-11-25T15:28:00-07:002019-11-25T15:46:37-07:00Mike Novaktag:houseswa.com,2012-09-20:2147Should I wait for prices to go down?
Does it make sense to wait for prices to go down before buying a house? Look at the big picture before you make a decision and get the most house for your money?<br /><br />“I'm gonna wait for prices to come down before I buy a house.” This is one of the things that I hear daily!
While I totally understand wanting to get the best possible price, I want you to be aware of the current market dynamics.
There's a couple of very important data statistics I would like you to have a look at:
Inventory
Right now, the months inventory here in Snohomish County, is 0.9. That is historically extremely low! You have to have about a six-month inventory supply for a “neutral” or “balanced” market.
An inventory of 0.9 months is in favor of the seller. With such a low supply, prices are gonna keep creeping up. They will not start decreasing until we see the inventory level rising… How long that will take? It might be three, four or even five years to get back to a six-month inventory level with prices going down.
What that shows us? Be aware of the big picture! Because with waiting too long, you could get priced out of the market.
Are you a renter?
This goes in particular if you are a renter. With not owning a home right now, you don't have something that's going up in value while you're waiting to purchase your next home. The other huge thing you need to be aware of are the current interest rates. These are crazy low: Most of our clients are benefiting from a 3.7 to 3.9% rate.
Let’s make a little thought experiment:
If you purchased a $400,000 home 8 months ago, you would have about 4.5% interest. That was a monthly payment of about $1,620. Right now, you could a mortgage rate of 3.75%. That means that you can go buy a $440,000 home. With 10 percent more house, you would have the exact same payment!
Again, it’s important to see the big picture...
Please don’t hesitate to your out if you've got questions about what's going on in our market. I'm happy to connect and help you!
2019-10-14T14:42:00-07:002019-10-15T14:26:47-07:00Mike Novaktag:houseswa.com,2012-09-20:2145Selling your home? 4 Factors to consider when evaluating real estate offers<a href="https://www.youtube.com/watch?v=38Kb8Niy8qI" target="_blank"><img src="https://assets.site-static.com/userfiles/696/image/Screenshot_2024-01-19_at_7.39.09_PM.png" width="1548" height="770" alt="4 Factors to Consider When Evaluating Real Estate Offers" title="4 Factors to Consider When Evaluating Real Estate Offers" /></a>
There’s a lot that goes in to evaluating a real estate offer. Higher doesn’t always mean best, as there are many factors to consider. That’s where an experienced agent can help! Not only can they get you to a situation with multiple offers, but they’ve seen it all. They can help you determine which offer is going to net you the best profit with the least headache.
<br /><br />Inspection Scope and Timelines
Buyers could come in with a really high offer but end up asking for huge discounts after a home inspection. The conditions in their offer around the inspection scope and timelines give clues as to what kind of buyer they will be. Do they want the house as is or are they going to to want a discount for every minimal flaw?
A lot can be determined from looking at the buyer’s inspection contingencies.
Financing
One of the most common reasons a real estate deal falls through is because the buyer couldn’t get financing. An agent can determine a buyers level of financing before accepting an offer to avoid this scenario.
Basically, conventional home loans are the strongest because there are less contingencies. That doesn’t mean that VA or FHA aren’t great options, but having a buyer who’s qualified for both increases your chances of closing. Also, if the buyer who is willing to make a larger down payment is more qualified.
Appraisal Contingencies
In a seller’s market like we’re seeing today, some sellers run in to problems in the appraisal stage. If the house doesn’t appraise for the asking price, buyers might not be able to receive financing. They also might want to walk away from the deal.
This can be avoided with an agent who knows the current market and comparable homes in the area. If they know that the house might not appraise for the full amount, they can make preparations and counter offers before going under contract.
Other Contingencies
There are all kinds of contingencies that can give either side an advantage. These include title, HOA, information verification periods, and more. Your real estate agent should be familiar with all of them and be able to use them/avoid them to get you the best deal possible.
Selling Snohomish County Real Estate
We’re one of the top teams in the area, with a lot of experience helping our clients sell their homes for top dollar.
<a href="https://www.HousesWA.com/blog/snohomish-county-home-seller-case-study/">Check out a few of our case studies</a> where we’ve done just that. Our sellers ended up with multiple offers over asking price, and we helped them negotiate and accept the best possible offer.
We’d love to do the same for you! Contact us below!2019-10-14T11:16:00-07:002024-01-19T20:02:59-07:00Mike Novaktag:houseswa.com,2012-09-20:2132The Biggest Headaches When Selling Your Home
Anyone can sell a home.
But not everyone can sell a home for top dollar.<br /><br />
Want to sell your home stress-free? Try to streamline the home selling process by eliminating certain problems that might cause a headache during the sales process!
Lack of Exposure
Just like any marketing, the demand for your home correlates closely with its exposure. You don’t just want it online, you want it everywhere online. It’s critical that it hits the most important MLS’s in your area and the hundreds of websites connected to them.
Full-service brokerages drive up demand by exposing your home to partners, buyers who have already expressed interest, or through practices like open houses. We take care of the problem so that you don’t have to worry about it.
Lack of Access
A lot of people will be coming to see your home, so you need a simple system for scheduling showings and getting people into the house.
A calendar online and a key underneath the front matt isn’t exactly practical.
When you work with an agent, they’ll take care of the whole process for you. They have smart scheduling systems that are easy for other agents to use. This is important because if your house isn’t easy to schedule a showing for, it’s likely that other buyers will skip over it when selecting homes to view.
Paperwork/Negotiations
Once your house goes under-contract, there’s still a lot of work to be done:
You definitely won’t want to do the paperwork yourself, and there will be a lot of negotiations that could either win or lose you money.
You’ll save time, headache, and money with a full-service brokerage who is experienced in handling these things.
Get in Touch
Our battle tested team of operators would love to help you navigate real estate experiences! Get in contact below!
2019-10-08T10:54:00-07:002019-10-08T12:11:06-07:00Mike Novaktag:houseswa.com,2012-09-20:2127Help your Real Estate Agent to help you!With giving your agent the right information, you make it possible for them to help you and get you the best deal possible!
<br /><br />So, what can YOU do to help your agent and get the best possible deal, sell for the highest price and get the best return of investment?
Timing. This is important when selling your home, and your agent should be aware. When are you looking to sell? Do you want to get out ASAP, next month, or in three months? Planning ahead of time is the best, but even more important is letting your agent know your goals so that they can strategize accordingly.
HOA/Resale information. There will be resale certificates and other paperwork that may be required during the transaction, and the responsibility of this all falls on the seller. Just let your agent know and they can take care of it for you.
Declutter! This is super important when selling your home. Just having it clean will dramatically increase perceived value.
When you list with a full-service brokerage, you get an entire team of service backing the sale of your home. They'll work with you to achieve each of these objectives while also doing much more behind the scenes to ensure that your home sells for top-dollar.
Interested to learn more about our strategy to sell your Snohomish County home? Send us a message below! We are happy to help!2019-10-07T14:39:00-07:002019-10-07T15:07:04-07:00Mike Novaktag:houseswa.com,2012-09-20:2126Three Reasons Homeowners Request a Valuation Online<a href="https://player.vimeo.com/video/287740053" target="_blank"><img src="https://assets.site-static.com/userfiles/696/image/Screenshot_2024-01-19_at_3.58.00_PM.png" width="1532" height="860" alt="Three Reasons Homeowners Request a Valuation Online" title="Three Reasons Homeowners Request a Valuation Online" /></a>
Information is power. That's why requesting an online home valuation is always a good thing.<br /><br />For most people, there are three reasons to get your home valued:
You're actually looking for a home valuation. Kind of a no-brainer, but this is an important first step to selling your home. if this is you, let us know! We'd love to put together a custom report for you. You can do this by filling out the form below.
You're looking to refinance. If you've been in your home a few years, there's a chance you could lower your expenses. Maybe your home value has gone up along with your equity in the home and you're eligible to get off of premium mortgage insurance (PMI). This could save you thousands over the course of the year! We are happy to help you make this happen as well.
You're just curious. It's important to stay in the know, and you should always have an idea of what your home is worth.
Whatever your situation is, we have no problem preparing a custom report for you. It's what we do, and we just want to share the information with you so that you can make informed decisions!2019-10-07T14:26:00-07:002024-01-19T19:59:27-07:00Mike Novaktag:houseswa.com,2012-09-20:21144 Things You Need to Know About Earnest MoneyDuring your home buying process, after you make an offer, you will be asked for the “earnest money.” Some of you may be confused by the term and not even know what it is. We are going to discuss some things you need to know about earnest money as you proceed with your home purchase.
<a href="https://www.youtube.com/watch?v=0Vfevty2o2k" target="_blank"><img src="https://assets.site-static.com/userfiles/696/image/Screenshot_2024-01-19_at_7.40.33_PM.png" width="1540" height="762" alt="4 Things You Need to Know About Earnest Money" title="4 Things You Need to Know About Earnest Money" /></a><br /><br />During your home buying process, after you make an offer, you will be asked for the “earnest money.” Some of you may be confused by the term and not even know what it is. We are going to discuss some things you need to know about earnest money as you proceed with your home purchase.
What is earnest money?
Earnest money can be looked at as a security deposit. After an offer is accepted by a seller, they will take the home off the market and ask you for money as insurance that the home sale will proceed. It minimizes their risk by preventing a sale from falling through. It is extra assurance that they will not miss future opportunities for a profitable sale in having the home off the market while under contract.
In most cases, the earnest money is not distributed to the seller, rather it is held by a mutual third party called the escrow company. The money is deposited into a savings account while the escrow company ensures that the contract is followed. If it is not followed, they will handle the dispute and the disbursement of the earnest money in the escrow account.
How much earnest money is required?
It is recommended that the amount of earnest money deposited be between 1 and 3 percent of the offer amount which is due within 2 days of the accepted offer. One percent is on the lower end of the spectrum and is mostly utilized when the home is not in a competitive offer situation or the buyer is low on cash. For competitive offer situations, 3 percent or higher could be expected to ensure your offer is taking seriously.
It is not an additional cost
Remember, earnest money is not an extra cost. It is a deposit on the home, and it will be credited to the closing cost or the down payment. For example, if your earnest money is $10,000 but your down payment and closing costs are $30,000, you would only need to bring in another $20,000 to close.
It is safe, in most cases
If you listen to your real estate agent and pay close attention to their advice, your earnest money will be protected. If your agent’s guidance is good, you should have nothing to worry about. You will have things such as inspection contingencies, appraisal contingencies, and various other protections built into the contract to ensure your money is safe.2019-10-01T14:11:00-07:002024-01-19T20:03:14-07:00Mike Novak